PEEL—Building industry experts urged Peel regional politicians Thursday to contemplate new rules on how the municipality charges for development.
“What we are advocating for is essentially a pause and a little bit of a change to the way the Development Charge (DC) has been unfolding over the last several years,” said Darren Steedman, who represented the Peel Charter of Building Industry and Land Development Association (BILD) at a public meeting held at regional headquarters Thursday.
It’s been nearly three years since Peel approved a 99 per cent hike to development charges on new builds in Brampton, Mississauga and Caledon.
During Thursday's meeting, industry representatives addressed a Growth Management Committee report on Peel’s Development Charges bylaw.
David Bingham, Peel’s treasurer and director of corporate finance and Gary Scandlan, from consultant group Watson and Associates, gave councillors a progress report on the municipality’s policy update.
Municipalities are required to review their DC policies every few years.