The Fraser Institute

The Fraser Institute

June 22, 2015 11:30 ET

Fraser Institute Media Advisory: Which Lower Mainland Municipality Has the Most Red Tape for New Residential Development? New Survey of Homebuilders Coming Tues., June 23

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 22, 2015) - On Tuesday, June 23, amid increasing concerns about housing affordability in the Lower Mainland, the Fraser Institute will release its first ever survey of Metro Vancouver homebuilders.

New Homes and Red Tape in BC's Lower Mainland, compares and ranks jurisdictions across Metro Vancouver and the Fraser Valley on several categories of red tape (construction approval times, timeline uncertainty, regulatory costs and fees, rezoning prevalence and the effect council and community groups have on development) based on the experiences and opinions of industry professionals.

The survey is part of a broader effort to understand the effects of land-use regulation on Canadian housing markets.

A news release with additional information will be issued via Marketwired on Tuesday, June 23 at 5:30 a.m. (Pacific).

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The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute's independence, it does not accept grants from governments or contracts for research. Visit www.fraserinstitute.org

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