Governance and Priorities Committee - November 8, 2021

A recommendation will be going to Council to endorse the Community Amenity Contribution Policy.

The current CAC rates were established in 2010, and a new Policy is needed to encourage greater contributions for public amenities as the city grows. The following gradual increase in CAC rates is proposed:

 CAC Rate starting 2022-JAN-01CAC Rate starting 2023-JAN-01CAC Rate starting 2024-JAN-01 CAC Rate starting 2025-JAN-01
Single Residential Dwelling $3,000 per unit$4,200 per unit $6,000 per unit $8,000 per unit

Townhouse Residential Dwelling

A dwelling that shares one or more walls with another unit, with no unit above, and has a ground-level entrance.

$2,500 per unit$4,000 per unit$5,600 per unit $7,500 per unit

Multiple Family Dwelling

(other than Townhouse)

$30 per m2 of Gross Floor Area* $41 per m2 of Gross Floor Area* $55 per m2 of Gross Floor Area* $60 per m2 of Gross Floor Area*
Commercial and Industrial $34 per m2 of Gross Floor Area*$34 per m2 of Gross Floor Area*$34 per m2 of Gross Floor Area*$34 per m2 of Gross Floor Area*
Cannabis and Liquor Retail Store$10,000 per store $10,000 per store $10,000 per store $10,000 per store
Student Housing$1,000 per bed $1,000 per bed $1,000 per bed $1,000 per bed
November 8, 2021 Governance and Priorities Committee Meeting - agenda, documents and video

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