Slow housing bill with 'dramatic financial implications' for Ottawa, mayor tells provincial minister

The politely worded missive shared with city councillors included some eye-popping numbers from the city treasurer about the calculated impacts of Bill 23, the “More Homes Built Faster Act,” on municipal coffers.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

A handful of other development charge-related changes had their impacts quantified, with financial hits ranging between $1 million to $5 million annually. Newly elected Mayor Mark Sutcliffe met Tuesday with Steve Clark, the minister of municipal affairs and housing, in Toronto.

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Mayor tells provincial minister to slow housing bill with 'dramatic financial implications' for OttawaA change to require the phase\u002Din of new development charges would cut them by $130 million over five years, a letter to the province says. Oh gosh! A politely worded missive?! Wow, Mark! If that doesn't get Queen's Park's attention, I don't know what will! Our new mayor, really fighting for Ottawa here. 🤦‍♂️ StephenBlais With Bill 23 and pandemic funding ending, I think Ottawa will have a significant budget deficit. I doubted _MarkSutcliffe would be able to keep to his promise during election of 1.5% tax rise given high inflation. I think Ottawa would be faces with tax hike and_or service cut.
Source: OttawaCitizen - 🏆 21. / 68 Read more »