{"id":25,"date":"2026-09-24T14:00:00","date_gmt":"2026-09-24T14:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/realtorbhanu-ca\/2026\/09\/24\/canada-fee-cuts-could-unlock-supply\/"},"modified":"2026-09-24T14:00:00","modified_gmt":"2026-09-24T14:00:00","slug":"canada-fee-cuts-could-unlock-supply","status":"publish","type":"post","link":"https:\/\/www.realtorbhanu.ca\/blog\/2026\/09\/24\/canada-fee-cuts-could-unlock-supply\/","title":{"rendered":"Canada Fee Cuts Could Unlock Supply"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/bhanu-siwakoti\/reducing-development-fees-fda7\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>It\u2019s no secret that development fees play a big role in shaping new-home prices across Canada. Recent findings from our national housing agency reveal that reducing these fees could make roughly 14% more residential projects financially viable\u2014a significant boost, especially in cities like Toronto and Vancouver. In fact, if Toronto were to eliminate these charges, it could potentially address half of its stated housing supply needs. For context, Calgary\u2019s fees for a one-bedroom high-rise sit around $4,000, while detached homes are about $9,000\u2014far below Vancouver\u2019s steep $20,000 to $33,000 range for similar homes. Of course, these fees are important for funding essential infrastructure like roads and sewers, so finding a balanced approach is key. As someone deeply involved in Toronto\u2019s real estate market, I see how lower fees on family-sized homes could make it easier for new developments to compete, especially since new larger units often surpass resale prices\u2014making it tough for families to find the right fit. Understanding these dynamics is crucial when buying, selling, or investing in the GTA and beyond.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s no secret that development fees play a big role in shaping new-home prices across Canada. Recent findings from our national housing agency reveal that reducing these fees could make roughly 14% more residential projects financially viable\u2014a significant boost, especially in cities like Toronto and Vancouver. In fact, if Toronto were to eliminate these charges, [&hellip;]<\/p>\n","protected":false},"author":329,"featured_media":52,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/posts\/25","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/users\/329"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/comments?post=25"}],"version-history":[{"count":0,"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/posts\/25\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/media\/52"}],"wp:attachment":[{"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/media?parent=25"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/categories?post=25"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realtorbhanu.ca\/blog\/wp-json\/wp\/v2\/tags?post=25"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}