WINNIPEG – Does growth pay for growth in this city?
That’s the question Mayor Brian Bowman wants answered when a report on development fees is released on Thursday.
A consulting firm has been crunching the numbers. So far, representatives with the building industry, for the most part, have not been happy with the process.
“Not everyone is going to agree with the decisions that we have to make,” explains Mayor Bowman. “These are difficult decisions. They’re significant dollars for homeowners should we continue with the status quo.”
A presentation earlier this month showed the average lot could cost upwards of $30,000 extra if a development fee is introduced.
“Winnipeg is an island unlike any other municipality or city in Canada in not currently having a mechanism to pay for growth other than passing on that burden to all taxpayers across the city,” Bowman says. “That really is the question that we need to resolve is who should pay for that growth.”
There is a possibility a growth fee could be introduced as early as the upcoming budget, but ultimately city council will have the final say.