Metro Vancouver DCC Freeze Extended to 24 Months

What changed?

The B.C. Ministry of Housing confirmed on July 15, 2025 that any subdivision or building‑permit application approved by Metro Vancouver Regional District (MVRD) is now protected from further development cost charge (DCC) increases for 24 months, up from the previous one‑year window (BC Gov News 2025‑07‑15). MVRD levies these fees to fund regional water, sewer and drainage infrastructure. Doubling the freeze period gives builders a longer runway to secure financing and break ground without fear of mid‑project fee shocks.

Why the extension matters

• Budget certainty: A typical high‑rise project in Burnaby can rack up $25–$30 per sq ft in regional DCCs. Locking those fees for two years can safeguard $2–$3 million on a 100 000 sq ft tower, improving pro‑forma confidence.
• Faster starts: Developers often delay shovels until financing closes; the longer freeze reduces pressure to rush approvals, allowing better sequencing of design, marketing and municipal permits.
• Supply chain stability: Predictable upfront costs can translate into steadier pre‑sale pricing and fewer mid‑stream “cost‑pass‑through” increases to buyers.

How it works

Once a builder receives either preliminary subdivision approval or a building permit, the 24‑month clock starts. If MVRD raises its DCC schedule during that period, the project continues to pay the lower, locked‑in rate. After the 24 months, any unpaid portions of the levy are subject to the new schedule (Metro Vancouver 2025).

Considerations for REALTORS® and investors

• Presales: Marketing teams can highlight the locked fee environment when pitching projects launching in 2025‑26.
• Land deals: Sellers of development land may see quicker take‑up as buyers factor in lower capital‑risk premiums.
• Municipal fees still apply: The freeze only affects regional DCCs; municipal CACs and density bonuses remain negotiable.

Overall, the two‑year DCC freeze is a targeted lever to keep housing projects moving while Metro Vancouver catches up on pressing infrastructure upgrades.

This article is for informational purposes only. Statistics and market conditions are current as of the publication date and may change without notice. It is not legal or financial advice. Always verify details and consult qualified professionals before making real-estate decisions.