My U Waterloo colleagues Michael Drescher and Luna Khirfan wrote a great article on #Ontario ‘s #Bill23. This bill - the More Homes Built Faster Act - is a real piece of Orwellian doublespeak. It will not help increase #affordablehousing and will lead to higher property taxes as it prevents municipalities from charging developers the fees that recoup costs of development! https://theconversation.com/ontarios-bill-23-proposes-more-homes-built-faster-but-this-comes-at-an-environmental-cost-194494
People of #ontario should be up in arms about this massive #taxpayer subsidy to already lucrative residential developments and extremely wealthy #developers. The #greenbelt sell-off is such obvious #corruption that this developer fee hand out is not getting much attention, but Guelph and Hamilton both already projected big property tax hikes in response to #Bill23 #onpoli
@girls_can it's going to hurt cities so much 😟
the Association of #municipalities of #ontario (AMO) bluntly noted, this one piece of legislation “will enhance the profitability of the development industry at the expense of #taxpayers and the natural #environment.” #bill23 #bill39 #housing #housingaffordability
https://www.thestar.com/opinion/editorials/2022/11/26/much-at-risk-in-ontarios-housing-plan.html?itm_source=parsely-api