The Q4 2025 Housing Market Index shows a continued slowdown in housing starts, with 38% of builders reducing staff due to market conditions. Single-family and multi-family indices hit record lows, especially in Ontario, British Columbia, and the Prairies. Builders urge expanding the federal GST rebate to all buyers and lowering development taxes to improve affordability. Without changes, future homebuilding capacity may decline, worsening the housing supply deficit.

The BC Rent Bank, which provides no-interest loans to renters facing temporary financial crises, risks closure without renewed provincial funding after April. The program supports over 8,000 vulnerable households, helping prevent homelessness and reducing pressure on shelters and nonprofits. Renters often spend over 50% of income on housing, with many lacking savings. The program saves the government $5 for every $1 invested, totaling $150 million since 2019.

The District of North Vancouver Council will review policy and zoning options to implement new provincial legislation requiring most single-family lots within the Urban Containment Boundary to allow three to six homes per lot. The legislation mandates zoning changes, exempts hazard-prone lands, and requires public engagement. Lots under 280 sqm must allow three units; larger lots, four; and those near bus routes, six units. Off-street parking is not required for six-unit developments. Draft bylaws are expected by mid-April, with adoption in June 2026.