Building permits up

More buildings are going up in the RDMW, trending across Vancouver Island.

There are more buildings going up in the Regional District of Mount Waddington – a trend across Vancouver Island.

So far this year, Vancouver Island building permits reached their highest overall level since 2008, as surging residential building permits pushed totals to $412.3 million in the second quarter.

In the RDMW, dwelling construction is up 250 per cent, compared to the same period in 2015, says Jeff Long, manager of Planning and Development Services.

Long explained the RDMW uses two different types of permits “that will generally indicate the state of affairs insofar as new construction is concerned.”

These include building permits and site permits. Long explained that building permits, which seek to implement BC Building Code requirements, only apply to Coal Harbour; while site permits, which are designed to ensure that construction conforms to zoning regulations, apply to Hyde Creek, Malcolm Island and Woss.

“In addition, we have incidents whereby people undertake construction without obtaining the required permits,” he said. “This means that the scope of building activity that is regulated/monitored is limited insofar as the Regional District as a whole.”

Long noted that the sharp increase in building and site permits for residential construction during the first eight months of 2016, in comparison to 2015, is a very positive indication of a stronger economy for the rural areas of the Regional District.

“Overall, the issuance of permits for all purposes, including such things as residential additions and renovations, is up significantly over the last two years, which is definitely a sign of a healthier local economy,” Long said.

In terms of the island as a whole, year-to-date, permits were up 73 per cent over the first half of 2015 according to the Vancouver Island Construction Association’s Construction Report.

The upward momentum in construction on the island as a whole, has resulted in increases in building permits, non-residential building construction investment, and construction employment.

“The construction industry is a leading contributor to economic growth,” said VICA CEO Greg Baynton. “After a few years of lacklustre growth, we’re finally seeing gains in all major regions on Vancouver Island and we are projecting more growth for the remainder of this year and next,” Baynton said.

The Island’s building boom is fuelling job growth as the construction industry continues its post-recession climb. Construction employed 34,200 persons, an increase of 9.6 per cent the previous quarter. While employment in Victoria declined 9.9 per cent, it rose 22 per cent on the rest of the Island.

“There’s appears to be no slowdown on the horizon,” said Baynton. “It’s a promising outlook for the construction sector on Vancouver Island based on our increasing population growth, low interest rates and low Canadian dollar.”

The Vancouver Island Construction Association is a member-based, industry-lead association serving the commercial, institutional and multifamily residential construction sectors on Vancouver Island. With a base in both Victoria and Nanaimo, they connect industry with skilled labour, education and networking opportunities to grow business.

 

Just Posted

North Island Eagles minor rep ockey organization hand out year-end awards in Port McNeill

It was quite the season and then some for minor rep hockey here in the North Island.

North Island resident to campaign on climate, economy for Liberal Party seat in Ottawa

Peter Schwarzhoff joins race for the second time in North Island-Powell River riding

Press release: Port Alice Health Centre service model announced

“a sustainable and dependable model of health care service delivery in Port Alice is a priority”

First annual Pride Day coming to Port Hardy in August

Pride contributes to a more inclusive and safe community for LGBTQ+ identifying individuals.

Blaney plan helps seniors late with taxes

Simple solution to important issue: North Island-Powell River MP

QUIZ: Test your knowledge of Victoria Day

How much do you know about the monarch whose day we celebrate each May?

Top women’s hockey player Natalie Spooner coming to B.C.

Natalie Spooner special guest at annual Grindstone charity weekend in Kelowna

Take-home drug testing kits latest pilot to help curb B.C.’s overdose crisis

Researchers look to see if fentanyl testing could be a useful tool for those who use drugs alone

Facebook takes down anti-vaxxer page that used image of late Canadian girl

Facebook said that the social media company has disabled the anti-vaccination page

Search crews rescue kids, 6 and 7, stranded overnight on Coquitlam mountain

Father and two youngsters fall down a steep, treacherous cliff while hiking Burke Mountain

Raptors beat Bucks 118-112 in 2OT thriller

Leonard has 36 points as Toronto cuts Milwaukee’s series lead to 2-1

‘Teams that win are tight’: B.C. Lions search for chemistry at training camp

The Lions added more than 50 new faces over the off-season, from coaching staff to key players

Rescue crews suspend search for Okanagan kayaker missing for three days

71-year-old Zygmunt Janiewicz was reported missing Friday

B.C. VIEWS: Reality of our plastic recycling routine exposed

Turns out dear old China wasn’t doing such a great job

Most Read