BC offers homeowners up to $40K to build secondary suites
Andy Schildhorn • October 3, 2023
Let's talk about the new BC Government forgivable loan of up to $40,000 for adding a suite to your home.
To qualify, you must be a Canadian citizen, it must be your primary residence, and your combined income may not exceed $209,420. Additionally, your property cannot be worth more than $2.125 million.
This is a significant step towards increasing rental housing in the Lower Mainland and other parts of BC. Moreover, the federal government has introduced GST forgiveness for new rental buildings. All of these initiatives aim to create more rental inventory and reduce the stress on rental pricing.
More details here can be found here.
Feel free to reach out to me anytime at 778-835-8957. Have a great day, and I look forward to talking with you soon!
To qualify, you must be a Canadian citizen, it must be your primary residence, and your combined income may not exceed $209,420. Additionally, your property cannot be worth more than $2.125 million.
This is a significant step towards increasing rental housing in the Lower Mainland and other parts of BC. Moreover, the federal government has introduced GST forgiveness for new rental buildings. All of these initiatives aim to create more rental inventory and reduce the stress on rental pricing.
More details here can be found here.
Feel free to reach out to me anytime at 778-835-8957. Have a great day, and I look forward to talking with you soon!

The Township is offering a variety of free and low-cost outdoor events in every neighbourhood during July and August. “Summer Nights in the Township is a series of free and low-cost family-friendly events held throughout the Township that are open to residents and non-residents. Everyone is welcome to attend. We try to rotate events throughout the Township to give people the opportunity to enjoy a free experience close to home,” said special events manager, Kevin Muirhead. “This year’s lineup includes concerts, movies in the park, Family Fun Nights and a Community Water Fight. Plus, we have our popular events at The Outdoor Experience at Aldergrove Community Centre returning this year as well.” Concerts at the Willoughby Community Park Amphitheatre every Thursday evening at 7 p.m. will showcase talented musicians from different genres, while outdoor movies at various parks will feature family-friendly films. Find out more