Ontario Home Builders’ Association calls on province to audit major municipalities’ collection and use of growth funding charges
Retrieved on:
Wednesday, November 30, 2022
Toronto, Ontario, Nov. 30, 2022 (GLOBE NEWSWIRE) -- The Ontario Home Builders Association (OHBA) is calling on the Government of Ontario to audit the collection and use of growth funding charges in major municipalities.
Key Points:
- Toronto, Ontario, Nov. 30, 2022 (GLOBE NEWSWIRE) -- The Ontario Home Builders Association (OHBA) is calling on the Government of Ontario to audit the collection and use of growth funding charges in major municipalities.
- Municipalities across the province hold reserves in excess of $9 billion, and these reserves are growing rapidly.
- The Ontario Home Builders Association is the voice of the residential construction industry in Ontario, representing 4,000 member companies organized into 27 local associations across the province.
- The residential construction industry contributes over $76 billion dollars to Ontarios economy, employing more than 550,000 people across the province.