B.C. touts speed of major housing program to mark one-year anniversary

The British Columbia government marked the one-year anniversary of its BC Builds program by celebrating the groundbreaking of a 179-unit rental building in North Vancouver, which progressed from concept to construction in just 14 months. Housing Minister Ravi Kahlon announced that 1,400 homes have begun construction since the program's launch, with 2,500 more in early development stages. The $950 million program, aiming to expedite project timelines, provides grants and loans for new rental developments. Additionally, the program has initialized three rental housing projects for First Nations, expected to create 236 new homes.