BC Minister Of Housing Ravi Kahlon On His New Mandate And The Year Ahead

Ravi Kahlon News

BC Minister Of Housing Ravi Kahlon On His New Mandate And The Year Ahead
Policy
  • 📰 storeyspub
  • ⏱ Reading Time:
  • 58 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 74%

Howard is based in Burnaby and covers real estate, housing policy, and the development industry. You can email him at [email protected] or message him anonymously on Signal at HowardChai.24.

Minister of Housing and Municipal Affairs Ravi Kahlon making an announcement on December 5, 2024. / Government of British Columbia, Flickr​Kahlon discusses the suite of legislation that municipalities spent the past year implementing and what to expect from his ministry in 2025.After being appointed as Minister of Housing in December 2022, Ravi Kahlon spent much of 2023 — particularly the latter half of the year — introducing a suite of legislation focused on housing and development.

In hindsight, is there anything you would've done differently, whether it be the details of the legislation, or the timing, or the implementation? And by the way, it's not just developers who have that concern; not-for-profit housing people have that concern as well, where you have a project that's being approved and then all of a sudden they're told that they have to double the parking or pay more CACs. It's happening to everyone and, quite frankly, in this type of housing environment, that's unacceptable.

You mentioned earlier that this year will be about "execution." Can we also expect any new pieces of legislation this year? Well, it varies from region to region, but I would say that what we heard clearly from people is they want to see more results on the ground. They understood that we've taken action, but they haven't yet seen the housing come online. They haven't seen — at that point — the rents start to stabilize or come down. Even from the election to now, we've seenmonth over month, consistently. We're seeing, continuously, steady housing starts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

storeyspub /  🏆 16. in CA

Policy

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

B.C. Housing Minister Ravi Kahlon Leads 'War Room' Against Potential U.S. TariffsB.C. Housing Minister Ravi Kahlon Leads 'War Room' Against Potential U.S. TariffsB.C. Premier David Eby has established a 'war room' led by Housing Minister Ravi Kahlon to combat the threat of U.S. tariffs on Canadian goods. The 'war room' will implement a 'whole-of-government' approach to protect B.C.'s economy, workers, and businesses from the potential harm of tariffs. Kahlon emphasizes the need for Canada to diversify its economy and reduce reliance on the United States.
Read more »

Federal housing minister calls on Ontario to do more for social housingFederal housing minister calls on Ontario to do more for social housingFederal Housing Minister Nate Erskine-Smith is calling on the Ontario government to do more to address social housing needs in the province.
Read more »

B.C. launches short-term rental registry with annual fees to rein in 'speculators'B.C. launches short-term rental registry with annual fees to rein in 'speculators'VANCOUVER — British Columbia is launching a registry for short-term rentals to further crack down on 'speculators' operating illegally, said Housing Minister Ravi Kahlon.
Read more »

Modular Housing: Addressing Atlantic Canada's Housing CrisisModular Housing: Addressing Atlantic Canada's Housing CrisisNine Yards Studio, a Charlottetown firm, is utilizing modular construction to tackle the housing shortage in Atlantic Canada. They are currently part of a project building two six-storey apartment complexes with 228 factory-built modules, marking a significant step in modular housing development.
Read more »

High Housing Costs Limit Population Mobility in CanadaHigh Housing Costs Limit Population Mobility in CanadaCanada Mortgage and Housing Corp. (CMHC) states that soaring housing prices are hindering Canadians' ability to relocate for job opportunities, as purchasing or renting in desirable cities proves financially challenging. CMHC analysis reveals a one percent increase in housing costs in a target city corresponds to a one percent decrease in the number of people moving there. Between 1990 and 2020, the annual percentage of Canadian households relocating, including within municipalities, dropped from 17.8 percent to 10.1 percent. CMHC Deputy Chief Economist Aled ab Iorwerth attributes this trend to various factors, including aging population and technological advancements, but emphasizes the significant impact of housing affordability. He argues that high housing costs restrict both current and prospective workers, limiting skill development and hindering economic growth in major cities. The report highlights the implications for employers in expensive housing markets, who face pressure to offer higher salaries to attract skilled workers, ultimately increasing business expenses and potentially lowering productivity. CMHC suggests that Toronto, one of Canada's most expensive cities for homeownership, could experience a three percent population boost if housing starts were doubled over the next decade. Ab Iorwerth notes that while population growth is often cited as a reason for unaffordability in cities like Toronto and Vancouver, data shows that Calgary and Edmonton have remained relatively more affordable despite faster population growth in recent decades. This suggests that sufficient housing supply is crucial in managing affordability and attracting residents. The report concludes by emphasizing that population growth can be accommodated with adequate housing supply, while insufficient supply can lead to inflated housing prices, ultimately limiting city growth.
Read more »

B.C. Housing Minister Defies Court Ruling, Vows to Continue Forcing Local ApprovalB.C. Housing Minister Defies Court Ruling, Vows to Continue Forcing Local ApprovalDespite a loss in the BC Court of Appeal, B.C.'s housing minister vows to continue pushing for local approval of new housing projects.
Read more »



Render Time: 2025-02-19 21:18:06