Toronto could defer charges for some condo projects
Climate / 13.03.2025

Toronto could defer charges for some condo projects

City staff are suggesting that Toronto City Council defer development charges on thousands of condo units in order to spur housing development amid a climate of economic uncertainty.

A new condo construction site is seen in downtown Toronto on Thursday, May 25, 2023. THE CANADIAN PRESS/Chris Young City staff are suggesting that Toronto City Council defer development charges on thousands of condo units in order to spur housing dev... [3594 chars]

Published by: CP24 Toronto

Read full article here: https://www.cp24.com/politics/toronto-city-hall/2025/03/13/significant-uncertainty-toronto-could-defer-charges-for-some-condo-projects-amid-sagging-development/

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