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By Avenger (anonymous) | Posted January 19, 2011 at 18:56:15
This is good news as Jason said: "Thx for the update. Good news." But be aware that the spike was mostly due to Council upping the development charges and then implementing the new higher charges as of January, 2011. This means that developers rather than wait to submit building permits until the year of construction, rushed to submit them in 2010 so they could pay the lower rate. That is the major reason for the bump...still good news but an artificial bump at the same time.
Council: one move forward and two steps back.
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