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Bold Ideas, Bold Action: Next Steps for the GTHA
Municipalities across the GTHA face many shared challenges. Ahead of last year’s municipal elections, the Institute on Municipal Governance and Finance (IMFG) published a series of essays from some of the GTHA’s most respected leaders offering bold ideas to push the region forward on key issues. On February 28, four of these leaders will discuss their bold ideas in the context of a political landscape that includes newly elected mayors, councillors, and a provincial government set to table its first…
Find out more »Sharing the Costs of a Growing City: The Case for Development Charges
New development is essential to supporting a growing city but it also leads to added costs for municipal governments. New housing developments often require new or expanded infrastructure, including roads, sewers, and water treatment plants. There is ongoing debate on how cities should pay for this growth-related capital. Some argue that user fees and property tax revenues are sufficient to cover these costs, and that development charges on developers will likely result in increased housing prices. On March 19, economist…
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