The Globe and Mail reports in its Tuesday edition that Ottawa and Ontario will invest $8.8-billion in infrastructure over the next decade to encourage municipalities to reduce real estate development charges. A triple bylined item led by Rachelle Youglai reports that the two governments project that recent measures will save taxpayers up to $200,000 in taxes and fees for new homes in Ontario, aiming to revive the home building market. Developers have long complained about the steady increase in development charges. The development charges, along with higher borrowing and construction costs, have made it more difficult for home builders to launch projects. "This will lower upfront costs and create certainty for builders to build affordable homes you can buy and rent," Prime Minister Mark Carney said Monday. The governments said the $8.8-billion in infrastructure investment will be provided over 10 years and that municipalities that receive it will be required to cut development charges, also known as DCs, for three years. Minto Group says the development charge reductions could lead to more new home sales, which would lead to more home building.