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Building a Home in Canada is gonna Get Very Expensive ! Development charges rise 400% in Ontario

264 views · Published 2 February 2018 · 5:22 · Indexed 29 October 2026

Channel: Mike Martins · 2018 · News & Politics

My Opinion : I see other cities joining this crap idea!! As developers face the sticker shock of regional development charge increases as high as 400 per cent! Its another attack against middle class Canadians !

Ontario and it's kind of important because it goes to talking about how or goes into discussion about how do you remember how I told you guys that we need to find a way to stimulate the economy and there's obviously going to be grabs by the government to pass laws or pass rules to help stimulate the economy because it's very important because our housing market is tied to our economy unfortunately and we are so tied to the economy I think it's more than if I'm as well as tied to oil believe it or not I'm just speculating it's my opinion I don't know nothing I'm just telling you guys we are so heavily dependent on housing that everywhere you go is housing being built you know I've got people from Ontario calling in to the show which Wednesday nights guys don't forget to join me Pacific time 7:00 p.m. in trends in the housing market guys where we have are pollens I'll put the phone number this time last this last ones they forgot to put the phone number up for people to call that's my fault but anyways well an appeals development charges by law again now watch this so they're gonna expand these these woodlands up in in Ontario there and it says here as developers face the sticker shock of Regional Development charge increase as high as four hundred percent okay four hundred percent the city of well and has a game launched an Ontario Municipal Board appeal and someone comments is this I'm finding now that we have developers contacting us almost in shock said well in Mayor Frank Campion then it says the cost of of the DC's development charges that's short for DOMA charges on a multi residential in particular was one of the big ones that's we were really unhappy about I don't know where this that's gonna go but we're certainly hearing from the development community that they have some issues with the cost season their sub state substantial in like 20 or 30% there in some cases up 400% members of the Niagara region's Corporate Services Committee and met behind closed doors earlier this week to discuss an appeal so what's happening right here it says right here developers want to build as now the numbers have changed to where it may not be economically feasible to do these do do those builds we need multi-residential for people who maybe can't afford a single-family home or for student housing all these types of things sort of dry up we and we don't want to we don't want that to happen our residents need that type of option for housing so what's happening here is [Music] they're just raising the percentages the percentage of your disease development development charges to astronomical 400% but these little municipalities they can do that if they want to protect and preserve the wildlife and Welland Niagara all those parts of that the bottom of the Golden Horseshoe there yes people do need housing but what about the 90,000 empty homes in in in in Toronto that no one's addressing I mean people are leaving the city in in huge numbers these guys are probably hoping to develop and build and catch those people catch those city city city runners I'm gonna coin that term they're all city runners they're all running from the city you know even here where I live there they're running from the city they're building new homes just down the street new development you know I'm saying they're all City runners they're all running from the big cities cost of living is out of control so now before they even put a shovel in the ground the development charges are so high so like I said you they have to find a way to stimulate the economies now so I think it's gonna be dumped sued and put together by just absolute shenanigans and illegal grabs and because a lot of these people I'd be upset if I was a developer I'm working hard and you know sit I'm gonna build this or gonna I'm gonna have more elderly people in this place more students that might go to University of Niagara Falls whatever right I'll do this I'll get this done you know it's my project in blah blah blah okay boom you get 400% development development charges like how does that make you feel how does that how does a you know you you know you don't feel like you're welcome you know I'm saying you almost feel like you don't want you to build right you got to see from their point of view and then there's a lot of people waiting on the sidelines waiting for the housing prices to drop but then what's to say that when these houses are built they're gonna be affordable anyway what if when they break land they get built and they're not even affordable to buy anyway was the point or what if they everything drops in price and interest rates go so high and interest rates are s

Building a Home in Canada is gonna Get Very Expensive ! Development charges rise 400% in Ontario

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