The City collects its own Development Charges (DCs). It also collects development charges on behalf of the Region of Peel, GO Transit, the Peel District School Board and Dufferin-Peel Catholic District School Board.
DC rates are indexed twice a year on February 1 and August 1.
On June 22, 2022, City Council approved a new Development Charges By-law 0133-2022 and 2022 DC Background Study repealing Development Charges By-law 0096-2019. The new by-law and rates came into effect on June 23, 2022. The new DC rates will be indexed on February 1, 2023.
Learn more about the 2022 DC By-law Review.
Other applicable development charges include:
Access historical development charge rates from previous years:
The applicable DC rate is the rate in effect at the time your building permit is ready to be issued. However, on January 1, 2020, changes to the DC Act came into effect that altered when DC rates are calculated:
As part of these changes, the City and Region are allowed to charge interest on frozen DC rates: