Ontario Premier Doug Ford was in Peterborough on Monday, November 9th to announce nearly $40 million in Provincial funding to be awarded to the city through the Province’s Development Charge Reduction Program.
Ford was joined by Ministers Rob Flack and Vic Fideli, as well as Liberal MP Emma Harrison, outgoing Mayor Jeff Leal, Mayor-elect Michael Eamon, and Peterborough—Kawartha MPP Dave Smith.
In July of 2026 Flack, the Ontario Minister of Housing, had visited Peterborough to announce $1.6 million in Provincial investment through the Building Faster Fund. On the 9th of November he and the Premier announced an additional $39,832,202 the city is now being awarded in recognition of its efforts to reduce development charges.
Following Leal’s enthusiastic direction, the city cut development charges on new builds by 50% in April of 2026. Premier Ford said that, as well as MPP Smith’s insistent advocacy for his riding, is what earned the city the $39.9 in provincial funding.
Listen to hear snippet from the Premier and Minister Flack’s remarks at the press conference, alongside Mayor Jeff Leal.
