B.C. to cancel secondary-suite incentive program

The Canadian Press

· Posted: Mar 19, 2025 6:23 PM EDT | Last Updated: 7 minutes ago

The British Columbia government says it is cancelling an inducement programme meant to entice much homeowners to physique secondary suites, saying the determination is "due to uncertain fiscal times." 

The authorities says successful a connection that the aviator programme won't judge applications aft March 31. 

It says the national government's committedness to instrumentality a akin programme was besides a origin and B.C. Housing Minister Ravi Kahlon says they didn't privation to duplicate programs. 

Qualified homeowners successful the aviator would person received operation costs for a caller suite to a maximum of $40,000 successful the signifier of a forgivable loan, portion the national authorities program, erstwhile it's launched, would let for low-interest loans of up to $80,000. 

Kahlon says the state faces "uncertain economical conditions and an unpredictable tariff concern with the United States," truthful they are making definite they present the champion worth for housing. 

The authorities says applicants who person started the process successful the inducement programme and who person each indispensable permits and outgo estimates volition beryllium capable to taxable their exertion until the extremity of the month.