Housing minister said program cut because of "uncertain economic times" due to tariffs and a similar federal government program
Due to economic constraints stemming from the trade war with the U.S. and the introduction of a federal secondary suite incentive program, British Columbia is eliminating its program providing loans of up to $40,000 for homeowners to build secondary suites, effective March 30. The remaining funds will be redirected to other provincial priorities. Homebuilders are concerned this will reduce rental supply.
