Development Charges Update Study City of Hamilton ________________________ Watson & Associates Economists Ltd. 905-272-3600 March 5, 2021
[email protected] Table of Contents Page 1. Introduction ...................................................................................................... 1-1 1.1 Background ............................................................................................. 1-1 1.2 Existing Policies (Rules) ......................................................................... 1-5 1.3 Basis for the D.C. By-law Update ........................................................... 1-5 1.4 Summary of the Process ......................................................................... 1-5 1.5 Policy Recommendations ....................................................................... 1-7 2. Changes to the D.C.A. Legislation ................................................................. 2-1 2.1 Bill 108 – More Homes, More Choice Act, 2019 ..................................... 2-1 2.2 Bill 138 - Plan to Build Ontario Together Act, 2019 ................................. 2-2 2.3 Bill 197 - COVID-19 Economic Recovery Act, 2020 ............................... 2-2 2.3.1 D.C. Related Changes ............................................................... 2-3 2.3.2 Community Benefit Charges (C.B.C.) ........................................ 2-4 2.3.3 Combined D.C. and C.B.C. Impacts .......................................... 2-5 2.4 Bill 213 – Better for People, Smarter for Business Act, 2020 .................