Regional Council approves historic motion to modernize infrastructure funding and accelerate housing development in Peel - peelregion.ca

BRAMPTON, ON (June 27, 2025) – In a landmark decision yesterday, Peel Regional Council approved a motion that marks the most significant change in municipal infrastructure funding in decades. With this bold action, Peel is taking concrete steps toward a new model that supports infrastructure delivery while directly addressing the growing housing crisis. Amid rising construction costs, economic uncertainty, and unprecedented housing demand, this motion introduces an innovative approach to help get homes built faster — while relieving the financial strain on both municipalities and homebuyers. Key elements of the approved motion include: If a financial agreement is not reached with the province by October 17, 2025, the development charge reduction will automatically terminate. Regional Council will re-evaluate the development charge reduction offered with the option to extend with a simple majority vote. This is a historic moment for Peel. I want to thank Minister Flack and Premier Ford’

Body BRAMPTON, ON (June 27, 2025) – In a landmark decision yesterday, Peel Regional Council approved a motion that marks the most significant change in municipal infrastructure funding in decades. With this bold action, Peel is taking concrete steps toward a new model that supports infrastructure delivery while directly addressing the growing housing crisis. Amid rising construction costs, economic uncertainty, and unprecedented housing demand, this motion introduces an innovative approach to help get homes built faster — while relieving the financial strain on both municipalities and…

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• Sanjana Shah

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