News Archives — Page 4 of 48

October 16, 2023

If Rental Apartment Ownership and Development is Such a Lucrative Business, Why Are We So Short of Apartments?

The Tyee published an opinion piece on October 12, 2023 entitled “The Lucrative Business of Owning Rental Buildings”. We ask the question, if rental apartment ownership and development is such a lucrative business, why are we so short of apartments? Let’s delve into the...

October 3, 2023

LandlordBC Encourages Port Moody Council to Approve Generational Housing Project

This evening, Tuesday October 3rd 2023, the City of Port Moody has a generational opportunity to create a significant number of new homes to meet diverse housing needs, all within steps of sky train. It’s time for the Mayor & Council to send a strong message to the naysa...

September 15, 2023

UPDATE: Removal of GST From New Purpose-Built Rental Housing Construction a Major Win for BC Renters

LandlordBC has obtained additional information about the Prime Minister’s September 14th announcement. Focused on new supply only, the removal of GST will apply to new purpose-built rental housing, such as apartment buildings, student housing, and senior residences bui...

September 14, 2023

Removal of GST From New Purpose-Built Rental Housing Construction a Major Win for BC Renters

On September 14, 2023, Prime Minister Justin Trudeau announced a significant policy change by the Government of Canada. Effective immediately, the government will eliminate the Goods & Services Tax (GST) on new rental apartment buildings. This measure aims to incentivize ...

News

Office

Login to LandlordBC