As mentioned in previous updates, on September 24th, Council adopted the proposed Development Cost Charge (DCC) rates after receiving approval from the Inspector of Municipalities. The proposed DCC rates were given first reading on July 26th 2022 and received approval from the Inspector of Municipalities on August 15th, 2024. The new DCC rates are now in effect, with in-stream protections available. 

Additional information can be found in the  full report by city staff and  DCC bylaw.  

June 20, 2024

As mentioned in previous updates, during their meeting on June 11th, Council received the updated Development Cost Charges (DCCs) report for information. The proposed DCCs initially received first reading on July 26, 2022, underwent a consultation process and received second and third readings on December 13, 2022. The DCC Bylaw and support material was then submitted to the Ministry for review in early 2023. Based on feedback from Ministry of Municipal Affairs staff, the projects and calculations have been reworked to fit within the parameters of a Minor DCC Bylaw Amendment. The minor amendment is limited in scope to updating costs for projects contained in the original DCC Bylaw. To maintain the proposed rate increases in the DCC Bylaw at third reading, Municipal Assist Factors have been changed to offset the additional rate increases due to project cost increases.  

The report outlines the following next steps:  

• Report to be reviewed by Ministry staff for approval. 
• Once the approval is received, Council will be able to adopt the DCC Bylaw. 
• After adoption of the DCC Bylaw, the new rates immediately apply to new development applications and any instream applications have one year to complete under the old rates.   

The proposed DCCs are as follows:   

Per unit:          

• Duplex/Single-Family Residential - $41,011 

Per m2: 

• Townhouse – $241.37 
• Street Townhouse – $217.10 
• Apartment – $235.96 
• Apartment High Density (6 storey & above) – $191.81 
• Apartment (affordable rental below market) – $212.98 
• Apartment (Social Housing, Non-for-Profit Rental Below Market or Affordable Rental-Seniors) – $90.38 
• Commercial – First floor $90.00 – Additional floors - $38.47 
• Industrial - $48.66   

Additional information can be found in the full report by City staff.