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Cyndy Winslow, the Commissioner of Finance and Regional Treasurer at Halton Region noted in her presentation to Council: “Given the timing of the (Bill 23) announcement and the information that’s still pending, the 2023 budget and forecast does not reflect any Bill 23 impacts.
"Minister Clark has committed in a letter to the President of AMO (Association of Municipalities of Ontario) to ‘ensuring that the municipalities are kept whole for any impact to their ability to fund housing enabling first infrastructure because of Bill 23.’
"The enacted changes to the Development Charges Act will significantly eliminate and restrict Development Charge collections, limiting the region's ability to fund capital works. Without alternate sources of funding, additional costs will fall to the existing taxpayers.”
Regional Council reacted strongly to some of the estimated Bill 23 impacts outlined during Halton CAO Jane MacCaskill's presentation.
"I wonder if the Chair of AMO or the Chair of the Region, in their discussions with the province, could obtain some clarity to the spelling of the word whole, Ward 2 Regional and Town Councillor Cathy Duddeck said.
"They spell it with the letter W, we spell it without the W."
"I'm not convinced that the province fully understands the impact of the changes that they've made and what will be required to make municipalities whole," Halton CAO MacCaskill said when responding to questions from Members of Regional Council.
You can view CAO MacCaskill's presentation slides and video at Halton Regional Council below:
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