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Housing plan promises action but light on details

4/5/2023

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A high-level plan to disrupt housing supply in BC was announced by the province on Monday.
 
“Even though our province is currently building more housing than ever before, it’s just not enough to meet the need," BC Premier David Eby said in a news release.
 
The province identified four areas of focus that it says will increase the number of available homes, make them more affordable, help people in need and reduce the appeal of homes as short-term investments.
 
Most of the changes will come after legislation is introduced in the fall, though critics are questioning whether the proposals will inadvertently make housing less affordable.
 
"Everyone agrees that we need more housing supply," Chamber CEO Bruce Williams said. "There are some positive ideas in this announcement but we'll need to see more details to know how this will impact things like municipal governance and how realistic the plan is, given the dire need for more skilled workers to build enough homes to meet demand."
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  • Membership
    • Why Join?
    • Job Board
    • Member to Member Offers
    • Benefits, Discounts & Savings >
      • Chamber Store
    • Chamber Local
    • 1863 Impact Award
    • Questions & Answers
    • Join Now
    • Member Login
  • Member Directory
  • Events
    • Signature Events >
      • Annual Auction
      • Business Awards >
        • 2023 Business Awards
      • Picnic in the Park
      • Business Hall of Fame
      • Business Leaders Series
    • Event Calendar >
      • Chamber Events
      • Community Events
    • Event Photos 2023
    • Sponsorship
  • News & Advocacy
    • BizNews Articles
    • Advocacy / Wins for Business >
      • Advocacy Wins
      • Business Property Taxes
      • Advocacy Priorities
    • Chamber Chats
    • In the News >
      • Published Op-Eds
      • Media Releases
    • Non-market housing
    • Find and keep workers
    • Business Matters Magazine
    • COVID-19
  • The Chamber 1863
    • 1863-Indigenous
    • 1863-Early Chamber
    • 1863-History Events
    • 1863-Booms and Busts
    • 1863-Members & Communities
    • 1863-Women, people and organizations
    • 1863-Committees
    • 1863-Chairs and Chair Businesses
  • About Us
    • Emerge >
      • Emerge Events
      • Emerge Mentorship
      • Emerge Connect
    • Staff Directory
    • Board & Governance >
      • Governors
      • By-Laws, Plans & Reports
      • Committees
    • Chamber History
    • Partners & Sponsors
    • About Victoria >
      • Starting a Business
      • Moving Here
      • Visiting Victoria, BC
    • Contact Us