Close X
Thursday, November 28, 2024
ADVT 
National

B.C. to increase housing, services near transit

Darpan News Desk The Canadian Press, 05 Apr, 2022 12:32 PM
  • B.C. to increase housing, services near transit

VICTORIA - The British Columbia government is making changes that would allow for the purchase of land along transportation hubs for housing, schools, commercial services and other mixed-use development.

Changes to the Transportation Act were introduced Tuesday, which the government says would allow the province to shape growth around transit, increase housing density and build connected communities.

Currently, the BC Transportation Financing Authority is only able to buy land for transportation projects.

Rob Fleming, the minister of transportation and infrastructure, says the government aims to increase the level of affordable housing that's integrated into investments in transit.

The province says in a news release that the goal is to promote compact communities, making it easy for pedestrians, cyclists or those who use mobility aids to access the nearest transit hub.

It says building housing near transit hubs is proven to increase transit use, pointing to a 35 per cent boost in ridership at the Marine Drive Canada Line after more residential buildings went up around the station.

MORE National ARTICLES

The mayor of Penticton accused in lawsuit of threatening to kill siblings

The mayor of Penticton accused in lawsuit of threatening to kill siblings
A notice of application filed last week on behalf of his brother, Nicholas Vassilakakis, includes a transcript of a voice mail the mayor allegedly left their sister making the threat.

The mayor of Penticton accused in lawsuit of threatening to kill siblings

Provincial health officials says uncertainty about new variants BA.2

Provincial health officials says uncertainty about new variants BA.2
She says the province will integrate wastewater surveillance testing into its regular surveillance of respiratory illness including influenza, and also include other pathogens to get a periodic snapshot of what else may be circulating in communities.

Provincial health officials says uncertainty about new variants BA.2

Interest rate hike won't cool housing, say experts

Interest rate hike won't cool housing, say experts
While the interest rate’s impact on prices may be limited, the increase Wednesday will affect some mortgage holders immediately. Interest rate hikes typically weigh on homeowners with variable-rate mortgages because many banks use the central bank’s key rate to dictate how they should change their prime interest rate. 

Interest rate hike won't cool housing, say experts

Trudeau says sanction solidarity surprises Putin

Trudeau says sanction solidarity surprises Putin
Trudeau says Putin likely never imagined that Germany would freeze its lucrative Nord Stream 2 pipeline project with Russia or decide to send anti-tank weapons and surface to air missiles to Ukraine.

Trudeau says sanction solidarity surprises Putin

Surrey RCMP need help locating missing male Jimsher Sidhu

Surrey RCMP need help locating missing male Jimsher Sidhu
Jimsher Sidhu is described as a 25 year old South Asian male, 6’3” tall, 250 lbs.  He has short  black hair and brown eyes. There is no clothing description at this time. 

Surrey RCMP need help locating missing male Jimsher Sidhu

Bank of Canada hikes key interest rate to 0.5 percent

Bank of Canada hikes key interest rate to 0.5 percent
The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent on Wednesday in a bid to help fight inflation which is at its highest level since 1991.

Bank of Canada hikes key interest rate to 0.5 percent