February 7, 2025
The City of Vancouver is piloting a project that will see the City build and also manage new market-rate buildings on City-owned land, beginning with 54- and 40-storey towers at Pacific and Hornby streets. The focus on market rents, extending now to public land, […]
September 23, 2024
Vancouver’s Host Nations have partnered with the Province to build 2,600 leasehold condos that will be (initially) sold at 40 percent below market rate prices to first-time homebuyers. The leases for these units – in the Heather Lands on Vancouver’s Heather Street between West […]
July 17, 2024
The Province’s Rental Protection Fund has invested $6.25 million in saving 50 affordable seniors’ rental homes, where the average rent is 45 percent below-market and where half of the residents are 75 years of age or older. The building, […]
June 7, 2024
The federal government’s new $1.5 billion Co-operative Housing Development Program, co-developed with the sector, aims to build thousands of new co-op homes by 2028. The first round of applications for co-op […]
April 5, 2024
Similar to the Province of B.C.’s $500-million Rental Protection Fund, Ottawa has unveiled a national version to protect existing rental units. The national fund – called the Canada Rental Protection Fund – has $1 billion available in loans and nearly […]
April 2, 2024
The federal government has created a new $6-billion Canada Housing Infrastructure Fund – but B.C. must meet certain conditions, including building more housing for the middle class, which B.C. has already committed to with its new BC Builds program.
Provinces and territories have until […]
February 28, 2024
The City of Vancouver will start to allow taller mass timber buildings, with additional support for these types of buildings at the pre-application stage. The incentives allow for mass timber buildings to have two additional storeys in areas that are zoned for 8 to 11 storeys, and three additional storeys […]
February 14, 2024
The Province launched a new program – BC Builds – to build housing on government-owned land. The program has already begun to build non-market housing, and 20 sites are already earmarked for development. The Premier has publicly stated that the program will eventually move into […]
January 21, 2024
An analysis of some of the pros and cons of purchasing leasehold properties from a personal finance perspective.
>> Globe & Mail | January 21 | Leasehold real estate can provide the home you could never afford, but with big caveats.
