Government taxes and fees made up 29% of a new #Vancouver condo’s price in 2023.
@udibc is calling for a rethink of how we fund infrastructure. BC needs to reduce development costs and restore project viability to get more homes built.
Read more: https://t.co/mRXu2wTe01
On October 30, @udibc CEO @Mike_Drummond will join the @SWRBOT’s Development Industry Forum: The Business of Building. Keynote by @gregorrobertson
Grab your tickets: https://t.co/tLaxQVreGd
“When market developers and non-profit housing providers are asking for the same thing, it should tell every party how serious the cost of delivery crisis is.”
@udibc, @BCNPHA, AHMA & @chfbc call on all parties to commit to measures aimed at making housing development viable.
BC's next government faces a challenge that market (@udibc) and non-market housing (@BCNPHA, AHMA & @chfbc) providers agree on: the cost of building homes must come down.
When unlikely allies agree, govts should listen.
UDI & Housing Central call for lower housing costs.
Land, construction, fees, financing & delays are stalling projects across BC.
Different sectors. Same problem. Fewer homes get built.
Read the PR: https://t.co/kaa44D8u2g
Direct construction costs for typical #MetroVan housing projects rose 104%-112% between 2014 & 2025, according to a new study.
Findings show how labour, materials, code, seismic & soil costs are affecting housing delivery.
Read the study: https://t.co/x0KCMHZjAy #bchousing
McQuarrie’s Adam Van Noort and Greg Scott had a fantastic time attending the UDI Fraser Valley Golf Tournament. We were proud to support this wonderful event as a Community Sponsor! It was a great day filled with golf, connection, and community spirit.
@udibc
A pause is welcome. A repeal is still needed.
BC’s planned PST expansion on professional services would add costs to businesses, local governments & housing delivery.
The tax should not come back.
UDI will keep advocating for policies that reduce the cost of delivery. #bcpoli
Vancouver housing starts fell sharply in July compared with last year. While one month does not tell the whole story, it points to a larger issue: fewer projects are moving forward, and the cost to deliver new housing is still too high. https://t.co/9JtMDefwJH #bcpoli
This is the cost-of-delivery crisis in real time.
Nearly 42K approved homes across BC are sitting unbuilt because the numbers no longer work.
If govts want more homes built, they need to address fees, charges, code requirements & regulatory burden affecting project viability.
Vancouver housing starts fell 42% this July compared to last year.
One month can be noisy, but the broader trend is clear: BC starts are down 10% so far this year, and fewer projects are moving forward.
@udibc CEO Michael Drummond joined CBC’s On The Coast to explain why.
Ontario cut taxes on new homes. Sales jumped 130%.
When governments reduce the cost of buying a new home, buyers respond.
BC should be paying attention.
Inclusionary zoning is sold as a no-cost way to deliver affordable housing. But it still has to be funded.
Director of Policy & Advocacy, Jay Chadha, looks at what Portland learned the hard way & what @MetroVancouver can still get right.
https://t.co/tujmNPBV7R #vanpoli
That means expanding the province’s attainable housing second-mortgage model, reducing taxes that add to the cost of new homes & actually listening to the people who build them. As Rick writes: “Canadians cannot afford experiments or secretly negotiated deals. Let’s talk.” 2/2
B.C.’s middle class needs a real path to homeownership, not another complicated government program.
In @VancouverSun, UDI Board Chair @rickilich argues that governments should focus on practical tools that help people buy homes.
Read the op-ed: https://t.co/ztn97wMdi7 1/2
The proposed condo purchase program is not what we asked for; rather, we asked for simpler, more direct tools to support affordability & help new housing move forward. Broader GST relief, similar to what ON introduced, is the better path.
CBC News covered UDI’s decision to cancel the 2026 Awards for Excellence amid one of the worst housing markets in decades.
Projects are stalled, investment is constrained, and the impacts are spreading across the industy.
Read more: https://t.co/fiDo3Aiccu
#bchousing