By Corruption Victim of City of Toronto It’s official: Ontario Municipal Board (OMB), the independent tribunal that adjudicates planning and development disputes will be scrapped and to be replaced by Local Planning Appeal Tribunal, starting with the City of Toronto. Under the new process, the tribunal will decide if a municipality has followed its official plans […]
Real Estate Development Roundup
Real estate development is big. So big it is now the #1 economy driver for growth … Unprecedented in Canadian history. How Canada’s hot housing market is propping up GDP growth bnn.ca – Jun 30, 2016 The real estate and rental category measured as part of Canada’s GDP represents the output of real estate agents, brokers, […]
Toronto Is Doubling Up Condo Development Charges
If Toronto city council goes ahead with a proposal to double condo development charges, those extra costs – some $7,671 on the average one-bedroom unit and $10,624 on the average two-bedroom – are likely to land right in the laps of unsuspecting … Condo boom: Builders say doubling development charges threatens downtown The proposed higher rates would come closer to […]