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The Manila Times·2 min read·medium

The building industry applauds Ontario and federal governments for launching the DCs reduction program

The building industry applauds Ontario and federal governments for launching the DCs reduction program
AI Summary

The Building Industry and Land Development Association and the Ontario Home Builders’ Association have welcomed the new Canada-Ontario Municipal Development Charges Reduction Program. This initiative aims to lower development charges while maintaining funding for housing-supportive infrastructure.

Why it matters

This policy change is intended to stimulate housing development in Ontario by reducing the financial burden on builders, addressing ongoing housing supply concerns.

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The building industry applauds Ontario and federal governments for launching the DCs reduction program Sign In New user? Click Here Subscribe Sign In New user? Click Here OPINION NEWS REGIONS WORLD BUSINESS SPORTS ENTERTAINMENT LIFESTYLE THE SUNDAY TIMES SPECIAL FEATURES SPECIAL SECTIONS TMT NEWSWIRE LEGAL ADVICE FAST TIMES CAMPUS PRESS VIDEOS EXPATS & DIPLOMATS PHOTOS PODCASTS BUSINESS FORUM RESOURCES MARKET OVERVIEW EXAM RESULTS WEATHER CLASSIFIEDS TMT CSI TMT DIGITAL EDITION GAMES TMT 125TH ANNIVERSARY QUIZZES more OPINION NEWS REGIONS WORLD BUSINESS SPORTS ENTERTAINMENT LIFESTYLE THE SUNDAY TIMES SPECIAL FEATURES SPECIAL SECTIONS TMT NEWSWIRE LEGAL ADVICE FAST TIMES CAMPUS PRESS VIDEOS EXPATS & DIPLOMATS PHOTOS PODCASTS BUSINESS FORUM RESOURCES MARKET OVERVIEW EXAM RESULTS WEATHER CLASSIFIEDS TMT CSI TMT DIGITAL EDITION GAMES TMT 125TH ANNIVERSARY QUIZZES OPINION NEWS REGIONS WORLD BUSINESS SPORTS ENTERTAINMENT LIFESTYLE THE SUNDAY TIMES SPECIAL FEATURES SPECIAL SECTIONS TMT NEWSWIRE LEGAL ADVICE FAST TIMES CAMPUS PRESS VIDEOS EXPATS & DIPLOMATS PHOTOS PODCASTS BUSINESS FORUM RESOURCES MARKET OVERVIEW EXAM RESULTS WEATHER CLASSIFIEDS TMT CSI TMT DIGITAL EDITION GAMES TMT 125TH ANNIVERSARY QUIZZES TMT Newswire GlobeNewswire The building industry applauds Ontario and federal governments for launching the DCs reduction program By GlobeNewswire June 2, 2026 Resize Small Medium Large Toronto, June 01, 2026 (GLOBE NEWSWIRE) -- The Building Industry and Land Development Association (BILD) and the Ontario Home Builders’ Association (OHBA) applaud today’s announcement by the provincial and federal governments for the Canada-Ontario Municipal Development Charges Reduction Program. This program will enable Ontario municipalities to reduce development charges (DCs), while enabling continued investment in housing-supportive infrastructure through federal/provincial funding.

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businesseconomypolitics
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 85%

The article reports on industry reaction to a government policy, reflecting the perspective of the trade associations involved.

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