Sean Fraser cites specific concerns about fees charged to market rental housing construction projects after Metro Vancouver voted to triple them.
Federal housing minister Sean Fraser says he will not be withholding subsidies to Metro Vancouver municipalities in order to permit more housing, after the regional government voted unanimously Friday to increase construction fees to pay for growth-related infrastructure, such as sewer and water treatment facilities.
Fraser pulled $138 million from Surrey and Burnaby to fund an acceleration of housing permits and new affordable housing projects in response to Metro Vancouver’s development cost charges , which are now set to triple by 2027 in order to pay for an estimated $11.5 billion of growth-related park, water and sewer infrastructure over the next three decades.
In a letter sent to the board ahead of Friday's vote, Fraser had asked Metro Vancouver to waive the fees for market rentals but the regional government is only doing so for non-market housing. Based on Metro Vancouver’s reports on the matter Fraser will find a regional government desperate for funding to pay for expanded infrastructure needed for the very housing Fraser is wanting. Many Metro Vancouver directors have noted that that new federal environmental requirements have pushed up the costs of the likes of new sewer treatment plants.
Fees will vary slightly within the region; however, one townhouse unit in Vancouver, for example, will be charged $30,861 by 2027, up from $10,027 today. Vancouver city councillor Sarah Kirby-Yung offered a different take on the situation in supporting Vancouver city councillor Lisa Dominato’s proposed delay.
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