Under No Circumstances will Developers get a break on development costs from the city!!
The current mayor has suggested freezing development tax for 2 years
The monies collected for these taxes help to pay for the infrastructure surrounding new residential development. These developers have been profiting off the housing crisis for years. Now they are not getting the same profit margins, they want the tax payer to pay??
As mayor, I will work with the province on meeting new development targets
The province has already expanded the boundary for development in Halton region
The regional chair position is now an appointed one and not elected. The reason for this, the province wants the chair to drive development in the region. This means Burlington needs a myor NOT compromised by the interests
of certain developers. As mayor, I will work with the new chair on meeting the target numbers set out by the province.
- Developers will not be given tax breaks
- Increasing the supply of new homes will increase city revenues
- With responsible development brings affordability
Burlington has already lost out of 25 million not meeting new housing targets.
Only city in the GTA that has not recieved monies from the Building Faster Fund from province
Not recieving these funds is a result of poor planning, questionable decisions and incompetence. Mayor Marianne Ward and the councilors that have supported her through the years, have lost so much in monies and completely
screwed up downtown with lack of infrastructure. As mayor, I will remove any boundary restrcitions in cooperation with the province and let development happen elsewhere within region.
Doug Ford calls out Marianne Ward on housing
This short video covers various news sources on Mayor Ward's reckless handling of housing. Not only has she restricted growth in certain areas, she is catering to certain developers. Her plan is to give developers a break on the development fees, which could cost the tax payer 41 million dollars in lost revenues. These lost monies would need to be made up from taxes.
Mayor Marianne Ward and council want to give developers a break on 41 million dollars over two years!!
If Marianne Ward gets elected for another term, the developers will get their money and the tax payers will have to replace the development fees.