Levies & Infrastructure Financing
BILD Alberta staff engage with the Ministry of Municipal Affairs on a consistent basis to discuss the Municipal Government Act and the associated regulations to find opportunities to reduce red tape, streamline services and providing certainty and clarity for industry.
April 19, 2023- Today BILD Alberta launched “Alberta Built”, a campaign that highlights Alberta’s housing affordability advantage and the action that is necessary to ensure it remains intact for generations to come. “Alberta is known for housing affordability and that’s not by accident,” said Scott Fash, Executive Director of BILD Alberta Association. “Being a national…Read More
MNP completed the final draft of the Alternative Infrastructure Financing report for distribution to members and industry partners. The report is designed to educate readers about alternative long-term infrastructure financing options. Highlights of the report include: Respective advantages and disadvantages relative to off-site levies Application of alternative financing tools in other jurisdictions including issuing bonds.…Read More
BILD Alberta retained consulting firm MNP to conduct a comprehensive review of the current off-site levy mechanism and identifying potential alternatives to fund future infrastructure projects. The review and assessment will focus on: Analysis of the current off-site levy regime and identify any proposed modifications to address existing challenges. A cross-jurisdictional analysis of infrastructure financing…Read More
Off-site levies remain one of the largest costs associated with developing land and ultimately building and buying homes. As an industry, we have supported paying a fair share of hard infrastructure costs but BILD Alberta members continue to hold concerns with respect to the stewardship and governance of off-site levy funds as well as corresponding…Read More