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Beyond the practical reasons for wanting a secondary suite, such as having a senior-age parent move in, two-unit homes usually represent a valuable source of rental income for the owner.
Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada ...
The B.C. government is offering homeowners up to $40,000 to build a secondary suite as part of a new program aimed at boosting the supply of affordable housing across the province. About 3,000 ...
The B.C. government’s much-touted program to encourage homeowners to build secondary suites has become another casualty of the continuing trade war with the United States, joining the NDP’s ...
Canada Mortgage and Housing Corp. reports that in 2023, there were 1,518 secondary suites either completed or underway in Calgary. With government agencies standing by with cash incentives to ...
The City of Calgary is proposing a three year extension for its amnesty to encourage landlords to bring illegal secondary suites into compliance. The amnesty was approved by city council in 2018.
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B.C. to cancel secondary-suite incentive programThe B.C. government is cancelling a secondary-suite incentive program that it started in 2023 to entice homeowners to build additional units. In a statement, the government blamed "uncertain ...
A Halifax-area couple are calling on the municipality to be more flexible in helping families create affordable housing, after facing roadblocks in building a secondary suite. For several months ...
The program will see the city reimburse residents up to $10,000 in safety-related costs when they register a secondary suite, with an additional $5,000 for those that meet certain accessibility ...
The British Columbia government says it is cancelling an incentive program meant to entice more homeowners to build secondary suites, saying the decision is “due to uncertain financial times.” ...
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B.C. is offering homeowners up to $40K to build secondary suites. Here's what you need to knowThe B.C. government is offering homeowners up to $40,000 to build a secondary suite as part of a new program aimed at boosting the supply of affordable housing across the province. The three-year ...
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