Real Estate · Ontario
Peterborough offered up to $39.9 million tied to lower development charges
Published by BriefDash · · Toronto
Ottawa and Ontario announced up to $39.9 million for Peterborough’s roads and water infrastructure on November 9. The funding recognizes the city’s commitment to cut residential development charges by 50% from March 30, 2026, to March 31, 2029. It remains conditional on federal-provincial and municipal agreements and further due diligence by both governments.
Why it matters
The proposed support links housing infrastructure funding to lower municipal charges on residential construction.
Source dated November 9, 2026 · Housing, Infrastructure and Communities Canada ↗
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