Vancouver Moves to Rescue Stalled Development and Keep Housing Projects Alive

Vancouver is easing financial pressures on housing projects by allowing deferrals of major municipal fees and Community Amenity Contributions, freeing up working capital during development. The city is also streamlining permitting by deferring utility servicing reviews and freezing fee inflation. These targeted changes aim to stabilize approved projects amid rising costs and slow market conditions, ensuring ongoing development without broad policy overhauls.