Advocating to permanently extending the timelines set out in Policy Statements 5 & 6 issued by the Superintendent of Real Estate (pursuant to the Real Estate Development Marketing Act (REDMA) to allow for an early marketing period and to obtain a building permit & satisfactory financing commitment before buyers can unilaterally terminate their pre-sale contracts.
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- Development, establishment, amendment or termination of any program, policy, directive or guideline of the government of British Columbia or a Provincial entity
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Finances and Budgets, Taxation and Finance
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Seeking an extension to the twelve month grandfathering period for Development Cost Charges (DCCs) by an additional six months due slow municipal processing times. Currently, when DCC rates increase, developments that are already underway or receive building permits within 12 months are exempt from the increase.
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- Development or enactment of any regulation, including the enactment of a regulation for the purposes of amending or repealing a regulation
- Development, establishment, amendment or termination of any program, policy, directive or guideline of the government of British Columbia or a Provincial entity
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COVID-19, Finances and Budgets, Municipal Affairs, Taxation and Finance
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