For Real Estate: Why Is Ontario's Housing Bill 23 Considered Controversial?

Clip) Bill 23: Why Should You Care : What Are Green Development Standards - YouTube

Where a rezoning or even web site intend approval is accepted, the computation is going to remain frozen for 2 years. The alternative price has been actually minimized to one hectare for each and every 600 net home systems if property is actually taken, and one hectare for each and every 1,000 net property units for cash-in-lieu of parkland, and goes through a cap of 10 percent of the land for lands 5 hectares or much less, and also 15 per-cent of the property for lands more significant than 5 hectares. Convert Ottawa home into 3 units with Bill 23.

Bill 23 and Bill 39 the devaluation of municipal democracy and independence – Bay Ward Bulletin

Bill 23 - Ontario Farmland Trust

The list of such municipalities might be actually increased through regulation. On the time that arrangements recognizing "upper-tier towns without planning tasks" entered impact, any kind of section of the upper-tier district's formal program which puts on a lower-tier community is actually viewed as add up to an official planning of the lower-tier community up until the lower-tier municipality revokes or even modifies it.