Home builders join Yes side in transit tax referendum

Greater Vancouver Home Builders Association says benefits of better transportation more than offset higher sales tax costs

Bob de Wit is CEO of the Greater Vancouver Home Builders' Association.

The Greater Vancouver Home Builders’ Association is the latest group to support a Yes vote in the transit and transportation referendum.

CEO Bob de Wit said that while the 0.5 per cent sales tax will add to the cost of home construction and renovation, the resulting transportation upgrades are important to the industry.

“On balance we saw it was far more beneficial than it was impactful on the cost side,” de Wit said. “It would be a huge opportunity missed if we don’t go ahead.”

Good transportation and good development are linked, he said, adding there will be more demand for a home in Langley if its buyer can get to downtown Vancouver in a reasonable amount of time.

He said it makes much more sense to spread the cost of transportation improvements across all users through the sales tax instead if on property owners through property tax.

De Wit got emails questioning the decision from a handful of the association’s 700 members. He described the opponents as “dogmatic” in their hate of TransLink and taxes generally.

The GVHBA is one of more than 110 groups across the region that are now members of the Better Transit and Transportation Coalition.

Vancouver Board of Trade CEO Iain Black, a co-chair of the coalition, said there’s “unprecedented” support for the “generational opportunity” to improve transit offered by the plebiscite.

Just Posted

Pitt Meadows Community Foundation files extension for AGM

Waiting on financial report, said president Becker

More people signing up for compulsory vaccines

Maple Ridge mom says public tired of hearing about measles

No links between rural fires in Pitt Meadows, says chief

Squatters considered possible cause of Sunday’s blaze on Harris Road

Risk of ‘deadly avalanches’ leads to warning for B.C.’s south coast

Weak layer of snow on Vancouver Island, Lower Mainland could trigger an avalanche

Sell regulated heroin to curb B.C.’s overdose problem: report

B.C. Centre on Substance Use points to organized crime and money-laundering as contributing factors

Galchenyuk scores in OT as Coyotes edge Canucks 3-2

Vancouver manages single point as NHL playoff chase continues

B.C. legislature moving suspended staff controversy to outside review

Whale watching, Seattle Mariners trips billed as emergency preparedness, Speaker Darryl Plecas says

Two boys saved after falling through ice in Coquitlam

RCMP say a Good Samaritan pulled the kids to safety

UPDATE: Man charged in stabbing of woman, off-duty cop outside B.C. elementary school

Manoj George, 49, is facing two counts of aggravated assault and two counts of assault with a weapon after the incident on Wednesday, Feb. 20.

Why do zebras have stripes? Perhaps to dazzle away flies

Researchers from University of Bristol look into why zebras have stripes

Poll: More voters believe Canada doing worse under Trudeau government

22 per cent believed the country is doing better and 27 per cent said things are the same

HBC shuttering Home Outfitters across Canada

North America’s oldest retailer is revamping its various stores to improve profitability

BC SPCA investigates Okanagan woman with prior animal abuse convictions

BC SPCA is investigating a property near Vernon

Most Read