DCC and ACC Public Consultation Update and Referral Response

Option C: Defer DCC Rate Changes (Recommended) This option delays the effective date of the new DCC bylaw by providing developers with a temporary grace period. Impacts would be limited to the short-tenn, as deferrals typically last only a few months. This approach has regularly been exercised by municipalities to provide short-term relief to development, while not compromising long-term cost recovery for local governments. To provide additional time for the development industry to adjust to the proposed DCC increase, staff reco1mnend a future effective date of January 1, 2027. Table 4 captures the anticipated timeline of events should the effective date ofJanuaiy 1, 2027, be endorsed by Council. The proposed timeline is effectively freezing the City's DCC rates between July 2024 and December 2026 prior to rolling out the proposed 4.9% DCC rates increase.

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