Latest / The Missing Middle Podcast
Why Ontario Cities Are Sitting on 10 Billion in Cash
In this episode, Sabrina Maddeaux and Mike Moffatt discuss the complexities of development charges in Ontario, highlighting how municipalities have accumulated over $10 billion in unspent infrastructure funds. They explore the implications of these taxes on housing affordability, the political dynamics influencing their increase, and the growing public awareness of the housing crisis.
Chapters:
00:00 Introduction
01:28 Understanding development charges
02:10 The accumulation $10 Billion in unspent infrastructure funds
04:28 Cities are sitting on huge piles of cash but it’s totally above board…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.