5min chapter

The Missing Middle with Mike Moffatt and Sabrina Maddeaux cover image

Why Ontario Cities Are Sitting on 10 Billion in Cash

The Missing Middle with Mike Moffatt and Sabrina Maddeaux

CHAPTER

The Financial Flexibility of Municipalities and Its Impact on Housing

This chapter explores the large unspent reserves of Ontario municipalities and the factors that allow their accumulation. It highlights how development charges influence housing costs, exacerbating the crisis for young people, while discussing the gap between policy intentions and real-world effects in the housing market.

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