Higher development charges, less federal money
Brandon Donnelly
OCTOBER 29, 2023
Metro Vancouver, which includes the City of Vancouver and 20 other municipalities, is proposing to increase its development cost charges (DCC) : Metro Vancouver is proposing to increase DCCs by roughly $23,000 per new single-family home; $21,000 per new townhome; and $14,000 per new apartment. So this is not all going onto new supply.
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