Guelph is bracing for potential financial challenges in the coming years, with a projected shortfall of tens of millions of dollars for essential infrastructure projects. The situation arises from changes introduced by Ontario’s Bill 23, the More Homes Built Faster Act, which impacts the city’s ability to collect development charges from builders to fund vital …
According to a new report, recent changes at the provincial level to the Development Charges Act could have significant repercussions for the city of Guelph. The report indicates that these changes may result in a revenue shortfall of $227 million for crucial infrastructure projects, impeding overall growth in the city. Development charges are fees collected …
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