Development fees are often a quiet factor shaping what gets built in our cities. Recent findings from Canada’s national housing agency show that reducing these fees could make about 14% more residential projects financially viable—a significant lever for boosting new-home supply, especially in high-demand markets like Toronto and Vancouver. In fact, eliminating these charges could make roughly 10% more projects viable in those cities, and for Toronto, that might even cover half of its stated supply needs. Calgary’s development fees remain comparatively moderate, ranging from about $4,000 for a one-bedroom high-rise to $9,000 for a detached home, while similar units in Vancouver face charges of $20,000 to $33,000. While these fees are essential for funding roads, sewers, and other vital infrastructure, finding the right balance is crucial. As Calgary-based Realtors with a deep understanding of how development costs impact both builders and buyers, we recognize that lower fees on larger, family-sized homes could help new projects better compete with resale options—making it easier for families to find homes that truly fit their needs. Thoughtful fee adjustments could be a step toward a healthier, more attainable housing market here in Alberta and beyond.
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