Community Benefits Charges (CBCs) are a relatively new revenue source for municipalities. Generally, the framework for CBCs is as follows:
- CBCs can only be used to fund growth-related shares of capital infrastructure
- Projects identified for CBC funding can overlap with other revenue sources such as development charges and parkland dedication, but cannot be “doubled counted” for recovery through revenue sources
- In-kind contributions are permitted and municipalities may require an agreement with a land owner be registered on title
- CBCs are “capped” at 4% of the land value
- CBCs can only be imposed on developments with five or more storeys and 10 or more residential units
- Only single-tier and lower-tier municipalities can charge CBCs on development
For details on the Town’s CBC development forecast, capital program, and relationship to other growth-funding tools, refer to the 2023 Community Benefits Charge Strategy and staff report adopted by Council on April 26, 2023.
Review of the 2023 CBC Strategy & By-law
The Town will be holding a public meeting on March 19, 2025 to present the review of the Town’s 2023 Community Benefits Charges Strategy and By-law. For further information, refer to the Notice of Public Meeting and the 2023 CBC Strategy Review Memo.
Community Benefits Charge Rates
Current CBC rates are based on the adopted Community Benefits Charge (CBC) By-law:
- Developments outside the Orbit: $844.00
- Developments within the Orbit: $949.50
Schedule ‘A’ of the CBC By-law provides a map of the Orbit secondary plan area. Please contact us for more information.