Municipal infrastructure
Peel is a fast-growing municipality and development charges (DCs) have been Peel Region’s primary tool for funding critical infrastructure needed to support housing development.
Recent changes to DCs, including a time-limited deferral program to support provincial housing targets, have resulted in significant funding shortfalls. Peel Region will require dedicated federal and provincial funding to offset these impacts and firm commitments are needed to avoid shifting the burden to property taxpayers and utility ratepayers, putting affordability and key infrastructure projects at risk.
Actions we're taking
Provincial and federal collaboration is essential to create funding programs that meet today’s challenges and support sustainable growth in Ontario’s communities.
We're asking the provincial and federal governments to work alongside us to:
- Provide stable funding to offset DC revenue losses.
- Increase funding to reflect inflationary construction costs.
- Invest in infrastructure that supports transit services in non-transit municipalities.
- Align funding streams to avoid delays in interdependent projects.
- Offer operating funding for services with rising costs.
- Streamline transfers, monitoring, and reporting.
- Allow allocation-based, multi-year funding.