I want to congratulate my colleague the member for London North Centre on his remarks. The member and I were both very proud to be part of the city of London when AMO was hosted there in the summer, and one of the things we heard repeatedly from municipal representatives was the financial hit that they were facing because of Bill 23 and the loss of development charges. In the city of London, it’s going to cost $97 million.

Now, this bill will further decrease the amount of revenues that municipalities will be able to collect based on development charges because we want to spur the building of affordable housing. But what does the member think about cash-strapped municipalities like London, which is already dealing with an almost $100-million revenue hole, having to further absorb the cost of these development charge exemptions?