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Homebuilders issue warning - Ottawa
May 8, 2024

Ottawa Homebuilders Express Concerns Over $12,000 Development Charge Increase

Homebuilders in Ottawa are raising concerns about a proposed increase in development charges by $12,000, which they argue could significantly raise the cost of new homes in the area. The increase is intended to cover the costs of infrastructure and services necessitated by new developments, such as roads, parks, and emergency services. However, builders warn that these higher fees could be passed on to consumers, making housing less affordable in a market already facing high prices.

Read the article on CTV News


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