«Un cadeau aux promoteurs»: le débat s’enflamme à Cornwall
AI Article Summary
The city of Cornwall proposes a temporary reduction in development fees for single-family and semi-detached homes to $5,000 in an effort to revive the stagnant local residential market. This two-year measure could decrease municipal revenues by $3 to $7.5 million, depending on the number of homes built.
What This Means for Canadian Contractors
For Quebec builders, this means that a reduction in development charges could speed up permit approvals and encourage an influx of new residential projects. It may also represent an opportunity to reallocate resources in workforce and supply chain to meet potential increases in demand. The main challenge for these companies lies in managing costs amidst limited resources and tight deadlines.