Comment 32382

By jason (registered) | Posted July 10, 2009 at 22:43:31

I don't have much time to respond to some of these issues above right now, but I need to get this out there - developers are NOT being ripped off anywhere. In Ontario is is ILLEGAL for municipalities to charge 100% of the new infrastructure costs to the developers who need them. I don't recall off the top of my head what the legal limit is, but I think it's around the 80% range. Cities are only allowed to recover 80% (if that's what it is) of the costs of new development.
In other words, sprawl has actually been mandated in legislation. Existing taxpayers have no choice but to fork over 20% of the costs for people to move further out of the Hamilton that number is closer to 35-40%. Oakville is at least trying to recover as much as they can. Hamilton is just funding a free ride and has been for decades.

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