Subdivision: HRM

HRM: I take issue with his statement that Halifax Regional Municipality spends $150 million dollars a year building subdivisions it doesnt need, according to The Chronicle Herald. In addition, HRM makes significant income from a suburban subdivision. For example, lets use a 40-hectare vacant parcel of land in the Fall River area. Taxes on this parcel might be approximately $1,000 per year. When a developer builds a subdivision on this land, the economy on those 100 acres changes markedly and An opinion piece titled Wild growth: The math is proof of HRMs madness June 19 by chartered accountant Andrew Murphy quotes a questionable report from Stantec. HRM does not build subdivisions. Developers build subdivisions with their own money, not public funds. Developers build the roads, pay for the installation of electricity and pay for the parkland and all other expenses related to building a suburban subdivision. HRM charges the developers major fees for permits. (www.immigrantscanada.com). As reported in the news.