Development Charges Act Amended


The province has quietly brought into force changes to the Development Charges Act to set out the rules applicable to the inclusion of the Toronto-York Subway extension in future development charges by-laws. The changes, which were tucked away as Schedule H to the Budget Measures Act, 2006 (No.2) ( a 212 page light read!) define the project, and exempt it from the 10% capital cost reduction. Regulation 197/07 defines the project in greater detail, and essentially includes everything associated with the extension, from land to trains to power systems.

Any amendments to either the City of Toronto or Region of York's DC by-laws to include the extenstion will obviously have to follow the normal DC process.

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