Statement

Establish a predictable, fixed citywide Community Amenity Contribution (CAC) formula.

Overview

Establish a predictable, fixed citywide Community Amenity Contribution (CAC) formula.

Sources

Timeline

  1. Update

    Vancouver pivoting to fixed-rate CACs public benefits for smaller projects

    Apr 12, 2023

    The April 12, 2023 report says City Council approved the planning process for fixed-rate CACs after ABC Vancouver councillor Sarah Kirby-Yung moved the motion in December 2022. It records Mayor Ken Sim saying the fixed-rate system would reduce development-cost uncertainty, directly establishing post-promise ABC-derived work toward a more predictable CAC framework.

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  2. Source

    ABC Vancouver Platform 2022

    Oct 15, 2022

    Establish a predictable, fixed citywide Community Amenity Contribution (CAC) formula.

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  3. Update

    Biv Report

    Oct 15, 2022

    Pre-set fee structures flattened across several major transit corridors to remove ad-hoc negotiation backlogs.

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