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Friday, July 29, 2016
Below is a roundup of this week's news regarding the new additional 15% Property Transfer Tax for foreign buyers. BC Government News ReleaseUDI Letter to Premier ClarkUDI Media release UDI in the News: Property Transfer Tax: ...
Wednesday, July 27, 2016
Topics discussed: How the new additional 15% PTT tax for foreign buyers might mpact the real estate market Municipal red tap slowing development approvals, delaying supply, and hurting housing affordability Listen here: http://cirh.streamon.fm/...
Wednesday, July 27, 2016
Some developers are claiming that the city of Vancouver's backlog of development permits has gotten so bad, they are waiting years for approval. "These are good rules, we make no apology for them."-  Geoff Meggs, city councillor Keith Roy, a home...
Tuesday, July 26, 2016
Yesterday the Provincial Government announced of a large tax on foreign buyers of residential real estate While we understand why the government has decided to take this approach, we do have concerns about unintended consequences.   The industry’s...
Tuesday, July 26, 2016
Complex permitting rules are holding up 69,500 housing units in a half-dozen Metro Vancouver cities, homes that the development industry says would help alleviate the region’s housing crunch. “It’s a bureaucratic quagmire. Municipalities must reduce...
Monday, July 25, 2016
Today the provincial government announced that effective August 2nd 2016 an additional 15% Property Transfer Tax (PTT) will apply for purchasers of Metro Vancouver residential real estate who are foreign nationals or foreign-controlled corporations....
Friday, July 22, 2016
The Canadian Property Tax Association is holding its 50th Annual National Workshop in Vancouver this year.    Final Registration Deadline: August 26th.    The optional pre-Workshop golf tournament will be on Sunday, September 25th,...
Wednesday, July 20, 2016
The Administrative Report dated July 11, 2016, will be considered by Vancouver City Council at its meeting on:       DATE: Tuesday, July 26, 2016 TIME: 9:30 am PLACE: Council Chamber Third Floor, City Hall   The agenda for the meeting...
Wednesday, July 13, 2016
Vancouver city planners have unveiled a new strategy to eliminate greenhouse gas emissions from new constructions by 2030. "The Zero Emissions New Buildings is really the highest priority and the first most significant action towards our...
Wednesday, July 13, 2016
Alarmed by double digit increases in house prices in Vancouver (+29.6% y/y) and Toronto (+14.9%), which have sidelined a large number of first time home buyers, a number of politicians and senior bank executives are once again calling on the federal...
Wednesday, July 13, 2016
The Urban Development Institute has 3 exciting full time positions available at our downtown Vancouver office. Click the links below for job descriptions. Applications deadline: August 11 Communications Specialist Member Relations Policy and...
Tuesday, July 12, 2016
To read the full letter, click on the link below: 
Tuesday, July 12, 2016
Today, the Zero Emissions Building Plan (ZEBP) is being presented to council. The ZEBP targets “to reduce emissions from new buildings by 90% as compared to 2007 by 2025 and to achieve zero emissions for all new buildings by 2030 including intermediary...
Monday, July 11, 2016
Today BC Finance Minister Mike de Jong announced the Province will allow the City of Vancouver the statutory ability to proceed with a vacancy tax on empty homes. Vancouver Mayor Gregor Robertson proposed the tax as a means to free up rental supply...
Thursday, July 7, 2016
Today, BC’s Minister of Finance said there is “room for improvement” when it comes to housing starts, which supports the government’s initiative to improve affordability through supply. As BC’s largest organization representing the development industry,...
Thursday, July 7, 2016
The Province released the first set of data today resulting from new measures to track the extent of foreign real estate transactions.  The data is drawn from the filings of Property Transfer Tax forms by purchasers of residential real estate in...
Wednesday, July 6, 2016
To read the full article, please see the attached PDF.
Wednesday, July 6, 2016
To read the full article, please see the attached PDF.
Tuesday, July 5, 2016
The Urban Development Institute is seeking a Communications Specialist to join our team at our downtown Vancouver office.
Monday, July 4, 2016
June 30 2016 "Kaye’s demonstrated leadership will ensure that we make developing a building or licensing a business easier in Vancouver,” says Sadhu Johnston, Vancouver City Manager.   Kaye Matheny Krishna will be the new General...