Stop Using Developers As As A “shadow Taxation” System: Sumal

[ad_1] Karm Sumal of Daily Hive has this piece out blasting the province of B.C. and municipalities for raising the ...
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plaza of nations vancouver false creek f1 - Stop Using Developers As As A "shadow Taxation" System: Sumal

Karm Sumal of Daily Hive has this piece out blasting the province of B.C. and municipalities for raising the cost of housing by treating development fees as a “shadow taxation” system for funding infrastructure projects that have run into huge delays and cost overruns. He brings receipts, pointing to the Dunsmuir and Georgia viaducts in Northeast False Creek, the North Shore Wastewater Treatment Plant and the Site C hydroelectric dam, plus numerous instances of housing projects delayed due to rising costs and approvals paralysis.

Read the whole thing.



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