Housing minister won’t commit to Liberal election promise to cut development fees

AI Article Summary
The federal housing minister, Gregor Robertson, did not affirm a commitment to a Liberal election promise regarding the reduction of development fees in Canadian cities. The promise aimed at pushing cities to cut the fees used for funding local infrastructure. This stance was made apparent during Robertson's visit to Toronto, where he avoided direct answers on whether the commitment still holds.
What This Means for Canadian Contractors
For Canadian builders, this means there is currently no clear federal pressure to reduce development fees, which may affect the cost and speed of project approvals. Until cities receive definitive federal guidance, contractors may experience higher initial costs and extended timelines due to unchanged fee structures. It is crucial for contractors to stay informed of any policy changes that could impact future projects financially.