{"id":26,"date":"2026-09-23T09:00:00","date_gmt":"2026-09-23T09:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/jonathanlu-ca\/2026\/09\/23\/canada-fee-cuts-could-unlock-supply\/"},"modified":"2026-09-23T09:00:00","modified_gmt":"2026-09-23T09:00:00","slug":"canada-fee-cuts-could-unlock-supply","status":"publish","type":"post","link":"https:\/\/www.jonathanlu.ca\/blog\/2026\/09\/23\/canada-fee-cuts-could-unlock-supply\/","title":{"rendered":"Canada Fee Cuts Could Unlock Supply"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/jonathan-lu-prec-1\/reducing-development-fees-fda7\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>As someone who\u2019s spent over 16 years guiding families and investors through Vancouver\u2019s real estate landscape, I\u2019ve seen firsthand how development fees shape what gets built\u2014and who can access new homes. A recent national housing agency study found that cutting these fees could make about 14% more residential projects viable across Canada. Cities like Toronto and Vancouver stand to benefit the most: removing charges could increase viable projects by roughly 10%, and in Toronto, that could address half the city\u2019s stated supply gap.<\/p>\n<p>It\u2019s striking to compare development costs: in Calgary, fees range from approximately $4,000 for a one-bedroom high-rise to $9,000 for a detached home, while in Vancouver, similar units come with charges between $20,000 and $33,000. Of course, these fees help fund essential infrastructure\u2014roads, sewers, city services\u2014so the ideal solution isn\u2019t zero. But for families hoping to secure a larger, new home in Vancouver, lower development fees could help make new builds more competitive with resale options, especially as affordability continues to challenge many buyers.<\/p>\n<p>Understanding how policy decisions affect supply and choice is key\u2014especially for those building long-term assets or navigating the market as newcomers. It\u2019s another example of why a thoughtful, informed approach matters in Vancouver real estate.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As someone who\u2019s spent over 16 years guiding families and investors through Vancouver\u2019s real estate landscape, I\u2019ve seen firsthand how development fees shape what gets built\u2014and who can access new homes. A recent national housing agency study found that cutting these fees could make about 14% more residential projects viable across Canada. Cities like Toronto [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":57,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/posts\/26","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/comments?post=26"}],"version-history":[{"count":0,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/posts\/26\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/media\/57"}],"wp:attachment":[{"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/media?parent=26"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/categories?post=26"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jonathanlu.ca\/blog\/wp-json\/wp\/v2\/tags?post=26"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}