Hamilton, Vaughan Cut Development Charges In $1.27B Funding Deal

There’s significant news for those keeping an eye on GTA housing opportunities: both Hamilton and Vaughan are receiving major boosts in infrastructure funding—up to $572M for Hamilton and $697.2M for Vaughan. In exchange, both cities are reducing residential development charges, which means lower costs for builders and, ultimately, more housing units coming to market. These investments will also support key upgrades to local infrastructure and roads. As someone who’s spent over two decades helping families, investors, and newcomers find their footing in our evolving market, I know how impactful these changes can be for anyone planning their next move—whether you’re searching for your first home, or looking for a new investment opportunity.