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Community Benefit Charge By-law review

The City is currently undertaking a Community Benefits Charge Review (CBC) to develop a draft CBC Strategy and By-law for Council consideration and approval in Spring 2022.

About the Community Benefits Charge

The CBC is a new fee that will help the City pay for the capital costs of high-density development.

Currently development charges are the City’s primary revenue tool for funding growth. This new charge will help ease the financial pressure that high-density development places on our infrastructure.

This charge will apply to the construction or redevelopment of buildings with 5 or more storeys and 10 or more residential units.

The charge is based on the value of the development land the day before the building permit is issued. Property developers must pay this charge before receiving a building permit.

Background

In 2019 and 2020, Bill 108, the More Homes, More Choice Act rewrote Section 37 of the Planning Act. This change enables municipalities to collect community benefits charges.

Before collecting these charges, the City must pass a Council-approved by-law that’s supported by a strategy.

For more information about the strategy, read the Draft 2022 Community Benefits Charge Strategy.

The draft Community Benefits Charge Strategy was presented at a Statutory Public Meeting on April 6, 2022 for feedback and comments. The corporate report is available below.

The draft Strategy and By-law are scheduled to be presented for General Committee consideration on June 15, 2022 and for Council approval on June 22, 2022.

The draft 2022 CBC By-law is available.

Corporate reports

The following corporate reports are related to the Community Benefits Charge By-law Review:

Presentations

View the following presentations from the stakeholder consultation meetings:

For questions or comments please contact Shahada Khan, Manager, Development Financing and Reserve Management at shahada.khan@mississauga.ca.

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