Surrey and Burnaby put on hold for $143M home building fund
Burnaby Mayor Mike Hurley called the cancellation a “fiasco,” saying he was never briefed.
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Burnaby Mayor Mike Hurley called the cancellation a “fiasco,” saying he was never briefed.
Single-family homes and townhomes could see fee increases more than triple over three years.
The pause came in response to potential infrastructure surcharges for new builds in Metro Vancouver that could add tens of thousands of dollars to the cost of residential builds.
Housing Minister Sean Fraser was due to announce $43-million for Burnaby and about $95-million for Surrey on Tuesday, but temporarily cancelled the news conference, citing concern over the fees’ impact
Burnaby Mayor Mike Hurley called the cancellation a “fiasco,” saying he was never briefed.