A key piece of the City of Toronto’s current review of its Official Plan concerns the City’s Employment Areas policies. This is particularly important, as an owner or developer who wants to convert employment lands to another use must, under both provincial and City policies, do so in the context of a Municipal Comprehensive Review.
Background As most unionized employers in the construction industry know, the raid season began on February 1st. For those less familiar with this phenomena some explanation might be necessary.
A recent decision of the Supreme Court of Canada in Southcott Estates Inc. v. Toronto Catholic District School Board, 2012 SCC 51, confirms that it is very difficult for a developer purchasing development lands to obtain a legal remedy when the vendor refuses to complete the sale.
In our previous Blaney’s on Building, we reported on a new plan by Canada Post to charge developers a one-time fee of $200 per new address for the installation of Community Mail Boxes (“CMBs”) in new residential and commercial developments. For our condominium developer clients, this new initiative represented yet another increase in development costs which, in this competitive market where hard and soft costs are skyrocketing around the GTA faster than we can object to or accommodate them, are already way too high.