Posted Nov 1, 2023, 10:45 PM
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Registered User
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Join Date: Feb 2009
Location: Vancouver
Posts: 27,608
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Quote:
Originally Posted by Changing City
... at the Metro Vancouver board meeting, they decided to ignore the Federal Minister of Housing request to delay increasing DCCs to pay for infrascture on new housing development. They voted 82-58 to go ahead with the increases, which will be phased in starting in 2025, and finishing in Jan 2027. A Vancouver apartment will see its Metro Vancouver DCCs rise from $6,249 per unit to $20,906. More than tripling in a 3 year span. A Vancouver townhouse will have even more substantial increases, going from $8,679 per unit to $30,861. The Vancouver councillors voted to accept a one-year delay; Burnaby, Surrey, and Richmond voted to reject it.
It'll be interesting to see how the minister responds: it's possible Housing Accelerator funds won't be available to municipalities that supported the increase, or even to the whole of Metro Vancouver. He already postponed giving $43-million to Burnaby and about $95-million for Surrey.
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Gee, why would locally elected politicians and staff think they know more about running their metro area than some federal political hack from thousands of kilometres away? The nerve!
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