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Proposed bylaw would add thousands of dollars to cost of new homes

from The Ottawa Citizen

Buyers of new homes might see a sharp increase in the amounts they pay toward things like roads and transit — potentially raising the price of those new homes by thousands of dollars — should council approve a change to the city's so-called development charges bylaw. Development charges (or DCs, as they're known) are fees that the city collects from construction companies whenever they build new homes to finance the additional municipal infrastructure needed to service those new residents, such as roads, sewers and public transit. more

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