BC Hydro has received a strong response to its call for new renewable power-generation projects while it continues to build out and strengthen B.C.’s electricity grid, creating jobs and supporting clean growth in communities such as Vancouver.

The Province supported people through a record wildfire season and a global economic slowdown in 2023-24, while continuing to build the schools, hospitals and homes people need.

Families and seniors in Vancouver will soon have access to 146 new affordable rental homes as construction begins on Sunrise Village on the corner of Venables and Renfrew streets.

The B.C. Financial Services Authority (BCFSA) has taken urgent action to protect the interests of tenants and landlords of approximately 350 properties in B.C. by freezing the bank accounts and suspending the licence of Vancouver-based rental property brokerage firm Rent it Furnished Realty.

Provincial legislation to fix outdated zoning rules and create more small-scale multi-unit homes (row homes, triplexes and townhouses) has now been adopted into local bylaws, or will soon be adopted, by almost 90% of communities throughout B.C., paving the way for more housing options for people with middle incomes.

BC Hydro will construct approximately $1 billion in capital projects in Surrey over the next decade to upgrade and expand the electricity grid and provide clean power for homes, businesses and growing electrification and transportation needs.

Thirty-eight local governments will soon receive a grant to create more efficient development approvals processes.