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DEVELOPMENT CHARGES INFORMATION PAMPHLET
OF DEVELOPMENT CHARGES
Imposed to assist in providing infrastructure required
by future development in the Town of Oakville, by
establishing a viable capital funding source to meet
the financial requirements for the town.
BACKGROUND
On July 12, 2022, the Town of Oakville passed by
law 2022-068 under section 2(1) of the Development
Charges Act, 1997, which establishes development
charges on residential and
non-residential development for the town. This
charge is applicable on all lands within the town
boundaries, payable upon issuance of the first
building permit, as defined in the by-law.
In addition to mandated exemptions (see right),
the by-law provides for certain non-statutory
exemptions:
non-residential farm buildings;
areas of worship;
public hospitals; and
lot coverage relief in accordance with
specific criteria
DC APPLICABLE
General
Library
Government Services
Parks and Recreation
OF THE TREASURER
As required by the Development Charges Act, 1997, the
Treasurer for the Town of Oakville shall prepare an annual
financial statement reporting on the status and transactions
relating to the DC reserve funds for the previous year, which
is presented to the Council of the town for their review. The
general public may also review the statements on oakville.ca.
ARE DEVELOPMENT CHARGES REQUIRED?
They may be required for:
constructing a new building;
adding to/altering an existing building, which increases the floor area or
number of units;
redeveloping one or more properties, resulting in change of use
Fire
By-law
Protection Enforcement
Services
Services
Public
related to a
Transit
Highway
MANDATED EXEMPTIONS
a board of education;
any municipality or local board thereof;
enlargement of an existing dwelling;
creation of up to 2 additional dwelling
units; and
enlargement of an industrial building up
to a maximum of 50% of the
GFA of original structure
DEMOLITION CREDITS
Credit will be provided against applicable DCs
where buildings or structures have been
demolished to permit the redevelopment of
the property. Credit will expire 5 years from
the issuance date of the demolition permit,
and is based on the number and type of
residential units demolished and/or the total
floor area and type of non-residential building
or structures demolished.
For more information related to Development Charges (including
a breakdown of current Residential and Non-Residential Development
Charges), visit: https://www.oakville.ca/town-hall/budget-finances/
growth-infrastructure-financing-tools/development-charges/ or
contact the Finance department at [email protected].