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Stories Tagged - off site levies

New home construction declined overall in Alberta by 19.3 per cent in January 2016 over last year, according to Statistics Canada. CREB®Now file photo

June 30, 2015 | CREBNow

The cost of growth

A look at Calgary's development and off-site levies

Hopping in the shower or flushing the toilet is going to take its toll on Calgarians' wallets in coming years.

Calgary's current model for development levies is set to recover 50 per cent of the cost of water drained from your tap or toilet. Storm water is 100 per cent covered by developers.

Yet that's not sustainable for utilities coming to the city down the line – in the form of a $14-million shortfall for new water and sewage infrastructure this year.

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