For Immediate Release
Nov. 8, 2023
VANCOUVER, B.C. —Greater Vancouver Board of Trade President and CEO Bridgitte Anderson. issued the following statement in response to the introduction of several pieces of housing legislation in the BC Legislature this fall session:
“A strong majority of our members (83%) are concerned about the impact of the cost of housing in Greater Vancouver on their ability to recruit or retain employees. Having available and affordable housing is not just important for the well-being of people, but it is also a necessity for a prosperous and thriving economy. With record breaking population growth, the need to increase the supply of housing has become even more important.
The introduction of Bill 47, the latest in a suite of measures, is a bold but necessary step. Providing clarity and prioritizing the construction of housing near transit hubs will benefit people, businesses, and the environment. Prioritizing growth in places that have good access to transit will ensure greater mobility and reduce congestion, while ensuring better overall livability.
Bill 44 which will allow for the creation of more homes in our communities and Bill 46 which provides more certainty and clarity that will improve the timelines to build the housing we need are clear indications this government is serious about creating a more proactive and comprehensive framework to plan, build, and fund growth in our region. We also understand and appreciate that new municipal and regional infrastructure will be needed to facilitate our growing region.
We urge all levels of government to work collaboratively with the private sector to bring that to reality. Given the federal role in shaping our population growth, we also expect that they should step up in providing funding for infrastructure to support our growing region.”
About the Greater Vancouver Board of Trade:
Since its inception in 1887, the Greater Vancouver Board of Trade has been recognized as Pacific Canada’s leading business association, engaging members to positively impact public policy at all levels of government and to succeed and prosper in the global economy. With a Membership whose employees comprise one third of B.C.’s workforce, we are the largest business association between Victoria and Toronto. We leverage this collective strength, facilitating networking opportunities, and providing professional development through unique programs. In addition, we operate one of the largest events businesses in the country, providing a platform for national and international business and thought leaders to further enlighten B.C.’s business leaders.