City Council enacted the current Development Charges By-law on June 19, 2019. Every five years the City is required to update the by-law.
The Region of Peel and School Boards have their own development charges by-laws. The City collects development charges on behalf of the Region of Peel, GO Transit, the Peel District School Board and Dufferin-Peel Catholic District School Board.
Every five years the City is required to update its Development Charges By-law by preparing a Development Charges Background Study. The study contains detailed information on how development charges will be used to fund upcoming capital projects.
The 2019 Development Charges Background Study and new Development Charges By-law were approved by Council on June 19, 2019. You can view the Corporate Report presenting the 2019 Development Charges Background Study and By-law for approval (item 10.2).
The information below was prepared in order to inform the April 5 version of the proposed 2019 Development Charges Background Study.
The Draft Asset Inventories only include assets that are eligible to be funded by Development Charges as per the Development Charges Act, 1997.
The Draft Capital Programs only include project costs that have a growth-related component and are eligible to be funded by Development Charges as per the Development Charges Act, 1997.
You can review the 2019 Development Charges Background Study (April 5 version), Transportation Background Study (April 5 version), and Stormwater Drainage Component (April 5 version), which together form the comprehensive report that presents the 2019 Development Charge rates included in the 2019 Development Charges By-law.
All three studies have since been updated and can be reviewed in the following links:
The statutory public meeting was held at the May 8, 2019 Council meeting to provide the public with the opportunity to comment on the proposed 2019 Development Charges By-law and Background Study, as required by the Development Charges Act, 1997.
Other stakeholder presentations include:
Rates are indexed semi-annually on February 1 and August 1.
On December 10, 2020, Regional Council approved the Region’s new Development Charges By-law 77-2020. The Region’s development charge rates changed on January 22, 2021.
On February 1, 2021, Go Transit and the City’s development charge rates changed as per scheduled indexing. Rate changes may result in the need to recalculate development charges payable and provide additional payment.
Current rates: February 1 to July 31, 2021 Development Charge Rates
On January 1, 2020, changes to the Development Charges Act (1997) came into effect.
These changes altered when development charges are calculated and collected. They also include a ‘freezing’ of development charge rates at an earlier stage in the planning process, pursuant under Section 26.2 of the DCA, and ‘deferral’ of development charge payments for certain types of developments, pursuant under Section 26.1 of the DCA.
As part of these changes, the City and Region are allowed to charge interest on both ‘frozen’ and ‘deferred’ development charge payments.
On February 3, 2021, City Council adopted a corporate policy entitled Development Charges Interest Rates and Associated Payments.