The City of Barrie will receive up to $129 million through the Development Charge Reduction Program to support reducing development charges by 50% for residential developments from March 2026 to March 2029. This funding will aid in building more homes and upgrading wastewater treatment infrastructure, potentially unlocking 23,364 new homes. Combined with HST relief, these measures could save homebuyers up to $192,223, promoting affordable housing and economic growth.