Carney, Ford announce cuts to development charges intended to spur housing builds in Ontario
Posted on: Mar 30, 2026 19:10 IST | Posted by: Cbc
Toronto city manager Olivia eats, ground government minister Mark Carney and Ontario Premier Doug Ford are holding a joint news conference in Etobicoke Monday.
A new deal between Ottawa and the Ontario government will cut housing development charges in half over the next three years in an effort to spark new builds, Prime Minister Mark Carney and Premier Doug Ford announced Monday.
Ford and Carney announced the agreement alongside Toronto Mayor Olivia Chow at a joint news conference in Etobicoke.
You can watch the news conference live in this story.
Development charges are used by municipalities to pay for infrastructure that supports housing, like roads, sewers and water.
The deal comes after Ford's government tabled its 2026 budget last week, which included a projected $13.8-billion deficit and a plan to temporarily remove Harmonized Sales Tax (HST) for buyers of new homes. The province is projecting just 64,800 housing starts this year, putting it far off its goal to build 1.5 million homes by 2031.
Ford and Chow are also appearing together after having been at odds this month over Ford's plan to take over city-owned land at Billy Bishop airport.
Ford said last week that the federal government, which governs the airport in a tripartite agreement with the city and Toronto Port Authority, is on board with the province's plan.
Canada's Transportation Minister Steven MacKinnon has said he would work with the province "to design a path forward." Chow and city council voted last week to formally oppose the takeover.
More to come.
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