Ontario’s housing minister says the government will not compensate developers whose lands are returning to the protected Greenbelt.
Paul Calandra says he has put that provision into draft legislation that will also “codify” the boundaries of the Greenbelt, and is set to be tabled soon.
The province removed land from the Greenbelt last year as part of its broader push to build 1.5-million homes by 2031, prompting large amounts of opposition and investigations by legislative watchdogs.
Premier Doug Ford apologized last week for opening 15 parcels of land to development after damning reports from the auditor general and the integrity commissioner found the process was flawed and favoured certain developers who stood to see their land value increase by 8.3-billion dollars.
