How to Choose: Bill 23: A Guide To Ontario's New Housing Legislation

Published Feb 01, 23
1 min read

2023 Review: Bill 23: The More Homes Built Faster Act, 2022, And ...

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Where a rezoning or web site organize commendation is actually accepted, the computation will definitely stay icy for two years. The different cost has been actually decreased to one hectare for each 600 net residential devices if property is taken, and also one hectare for each and every 1,000 net property units for cash-in-lieu of parkland, and undergoes a hat of 10 every penny of the property for lands 5 hectares or less, and 15 per-cent of the property for properties higher than five hectares. Bill 23 Ottawa.

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The checklist of such municipalities might be extended by requirement. On the time that regulations recognizing "upper-tier communities without considering duties" entered effect, any type of portion of the upper-tier town's formal planning which puts on a lower-tier district is regarded as add up to a main planning of the lower-tier district till the lower-tier district withdraws or even modifies it.