by VRBA | Nov 20, 2024 | Blog, news
As 2024/25 President, it is a pleasure to be part of an outstanding VRBA team, building our community. I want to thank Mike Dalton, Past President for his leadership. I look forward to continuing to work with Mike and the Board of Directors to address the challenges... read more
by VRBA | Nov 19, 2024 | news
The CRD is considering adding Development Cost Charges (DCC) up to $9,000 per new home for a proposed water supply project. If the CRD launches the DCCs, it may disqualify CRD municipalities from applying for the federal government’s recently launched Canada... read more
by VRBA | Nov 19, 2024 | news
Greater Victoria’s year-to-date housing starts are down 16% according to CMHC. From January to October, housing starts were 3,359 vs 3,885 during the same period in 2023. The decline in British Columbia is 11% at 33,463 new homes this year vs 37,662 last year. This is... read more
by VRBA | Nov 5, 2024 | Blog, Housing data, news
Last week, Conservative leader Pierre Poilievre promised to eliminate the GST on new homes sold for under $1 million if his party wins the next federal election. The savings on a $950,000 home would be $47,500 GST – a tax that’s supposed to be a consumption tax, not a... read more
by VRBA | Oct 29, 2024 | Blog, Housing data, news
It has taken awhile, but finally a Canadian politician has suggested a partial step to end housing as an endless, federal government cash machine. Conservative leader Pierre Poilievre has promised to eliminate the GST on new homes sold for under $1 million if his... read more
by VRBA | Oct 23, 2024 | Blog, Housing data, news
In the aftermath of the BC election, there are key housing policies that need implementation, regardless of which party ends up governing. While each of the parties proposed their solutions for housing supply and affordability, the following must be addressed: A cap... read more