In October 2016, the Winnipeg City Council passed the Impact Fee By-Law. Based on the 2016 Growth Study for Winnipeg, the City Council passed the by-law so that individuals and businesses benefiting from new infrastructure and services would help pay for the city's growth and development.
The impact fee will gradually take effect over a three year period with the first phase applying only to new residential developments in new and emerging communities. See the map for the areas impacted by the initial phase.
It's too early to say what the impact fee will mean to the local real estate market. There were 7 sales in February 2017 over $1 million dollars which indicate that buyers intending to build new luxury homes may look to resale properties to avoid the fee. We will just have to see as the impact fee comes into effect on May 1, 2017.