As Toronto grows, improvements to its public facilities and services are required to meet increasing resident needs. Section 37 of Ontario’s Planning Act is one of the key planning tools available to the City of Toronto to help ensure new development is accompanied by the necessary investment to enhance our quality of life.
Section 37 enables the City to negotiate contributions towards local community benefits for development applications that exceed a site’s zoned height and density. Unlike other municipal financing tools, Section 37 benefits are provided primarily in the local community within which the development is located.
Want to learn more?… Here’s a great summary document:
http://willowdalecentral.com/wp-content/uploads/2019/04/TO-Funds_SECTION37.pdf