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Provincial Update
Aug. 6, 2020
 
 
Georgie's Corner
The 2021 Call for Entries is fast approaching! Take a look at the eligibility and criteria requirements to help you prepare your submissions. The Call for Entries will run from mid-August to October 30, 2020. Read more
 
 
Extension of REDMA Policy Statement 17 Application
Government of BC
To further support consumers interested in acquiring homes and the development community in completing developments, the Superintendent of Real Estate has amended Policy Statement 17 to extend its effect until April 30, 2021. This change was announced on July 15, 2020.

All the other provisions in Policy Statements 5 and 6, including the rights of purchasers to cancel their purchases under specified conditions after 12 months, remain in effect and are unchanged.

View this important bulletin to learn more about the changes.
 
 
SPONSOR SPOTLIGHT
 
 
 
 

Building Science for New Homes
September 17 & 18, 2020
Burnaby (in-class session)
Deadline: August 16, 2020

Construction Law
September 21, 2020
Burnaby (in-class session)
Deadline: August 16, 2020

Read more

     
 
 
Concert Properties supporting trades training
Concert Properties
It was revealed in a recent survey of both graduating high-school students and returning post-secondary students in Canada that:
  • Seven in ten say their summer employment plans have been negatively affected by COVID-19;
  • One in two says that COVID-19 has made it more difficult to afford tuition and living costs; and
  • Over two thirds of students say their personal finances and those of their parents or family have been affected by the pandemic.
Concert Properties is raising money for trades training and will match funds raised up to $50,000. To learn more and to get involved, please click here.
 
 
Building Permits, June 2020
Statistics Canada
The total value of residential permits was up 7.0% to $5.3 billion, with gains posted in six provinces. British Columbia posted its third largest value on record for residential permits in June, up 20.4% to $1.3 billion due to large projects such as the Oakridge Centre redevelopment.
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Leadership: Industry collaboration is the key to construction’s success
Vancouver Regional Construction Association
Representing the residential and non-residential construction sectors and all facets of the industry from developers to engineers, contractors to manufacturers and suppliers, employer groups to unions, and safety organizations to insurance providers, a group of 13 associations gathered around a shared goal to work collaboratively to support B.C.’s development, engineering and construction industry as it navigates the pandemic.

Commentary: This July article covers how the construction associations have worked together throughout the pandemic for the benefit of all members. CEO Neil Moody participates on behalf of CHBA BC.
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Provincial Update
 
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Canadian Home Builders' Association of British Columbia
400-6400 Roberts Street, Burnaby, BC V5G 4C9 | 604.432.7112 | Contact Us | www.chbabc.org

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