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Monday Morning Briefing |
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Ron Rapp, CEO | Twitter: @havan_ceo |
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Volume #22 | Issue #14 |
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A QUICK BITE UPDATE ... |
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1. The Building and Safety Standards Branch is working on updates to the BC Building Code designed to help advance the Province’s climate targets and energy performance commitments. The BC Energy Step Code is proposed to be integrated as a base building code requirement across B.C. In the coming months, all built environment partners will be provided the opportunity to review the draft language, with a six-week window provided for feedback. The branch also expects to make best practice guides and other supporting documents available to support review. Code changes typically take effect in December. Watch this space for updates! This will be your opportunity to provide direct input into the BC Building Code.
2. Is the housing party over? Catalyzed by this rapid change in mortgage market conditions, Central1anticipates both sales to normalize swiftly and price levels to decline in coming quarters. The most recent MLS® sales data still shows above normal demand across Canada in March with national home sales 30 per cent above pre- pandemic levels, albeit with varying patterns, noting B.C. sales sit 44 per cent higher.
3. The head of Canada’s federal banking regulator said a decade of “tightening the screws” has left the financial system ready for the coming shock of higher interest rates, as reported in the Financial Times
4. And then there is Vancouver's housing stats. It's a good news/bad news story with a summary of interesting stats based on Vancouver's housing strategy, reported by Vancouver Is Awesome.
5. The Financial Post shared the first report in a new CMHC series on housing affordability that indicates the lack of new housing starts hindered by constraints such as land and bylaws are “significant” factors in pushing up land prices. Vancouver stood out as the only city where single-detached construction declined last year, slipping 2.3 per cent. High apartments construction drove overall housing starts up 16 per cent.
6. A new Vancouver Special is what is recommended for Vancouver by CBC reporter Uytae Lee. Driven by an immigration boom in the 60's with lack of available housing, and an 18-inch loop-hole at City Hall, there is a lesson in here somewhere.
7. Although not a new idea, the Vancouver Sun takes a look new twists on master-planned communities to increase livability in the suburban areas. HAVAN Award-winning Latimer Heights, Langley is featured, along with South Gate City, Burnaby, and The Hive, Langley.
8. Are we ready for the elements? According a four-month investigation by Vancouver Sun reporters Gordon Hoekstra and Glenda Luymes, more than two thirds of the 75 BC communities examined do not have a detailed flood plan, have only parts of a plan or have just started a plan.
9. Bloomberg takes a look at heat pumps, stating they are the ultimate 'Climate Techno-Fix', but not a silver bullet, stating 'to ditch fossil fuels for good, we must combine a range of technologies and approaches'. A good read.
10. The Financial Post reports Canada’s imports rose to a record in March, helped by a rush of consumer goods from China and vehicles and automobile parts from the United States and Mexico, suggesting the supply bottlenecks that have plagued the global economy for the better part of two years have begun to loosen. The increase in imports bodes well for business investment, which could lead to productivity improvements that could eventually take some heat out of inflation by increasing the economy’s capacity to generate non-inflationary growth. But according to Randall Bartlett, senior director of Canadian economics at Desjardins Group that won’t happen in time for the Bank of Canada to slow its march to a higher interest-rate setting.
11. A transition to net-zero emissions will entail an economic transformation that will affect all sectors of the economy, either directly or indirectly. McKinsey Sustainability offers 8 charts from recent reports noting opportunities, challenges and risks. |
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QUICK BITES ... |
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FEATURED EVENT: LEGENDS OF HOUSING |
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Only five tables remaining! Don't miss out on one of HAVAN's premier events of the year! The 2022 line up includes: Rick Illich, CEO, Townline Homes, Robyn Adamache, Senior Specialist, Client Relations, Multi-Unit Housing Solutions, CMHC, and Peter Wood, Director of EWP Sales – Canada, Weyerhaeuser. |
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FEATURED EVENT: MEMBERS' EXPO |
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After a 2-year hiatus, the Members Expo is back for its 15th year because it works. The Expo brings together 800 industry professionals for one exciting day! Showcase your products and services and build your membership network. Book your booth today. Sponsorships also available. |
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UPCOMING EVENTS |
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MEMBER AND INDUSTRY NEWS |
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GUEST BLOG: Trusted Partners in Real Estate Development - ConEcon |
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Price fluctuations in commodities and the massive shortage of labour in our Industry have caused more uncertainty and volatility than ever. Costs are changing constantly with bids remaining open and guaranteed for only a few hours where they used to be for a few weeks. Cost management, scheduling, costing, and estimating are critical to the success of your business. |
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ART OF LEADERSHIP FOR WOMEN |
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HAVAN Members SAVE $100! - Join us at The Art of Leadership for Women in Vancouver on June 8 for a full day of world-class leadership development, networking and championing change for women. Use code HAVAN40 Purchase a Silver ticket to reserve your seating with the Women's Council! |
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HAVAN AWARDS - Pictures Online! |
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Access your winner logos via the HUB. Read the media release including Winner's List. View images of winning projects on www.havan.ca/awards Check out the social images from the gala here! |
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HAVAN PODCAST: MEASURE TWICE, CUT ONCE |
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Season 3 EP # 22: HEALTHY RENOS |
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Renovating with purpose and lifestyle in mind creates interesting challenges when looking to build above code. Sharing a great character home renovation project, award-winning builder/renovator Henri Belisle, TQ Construction, and homeowner Dr. Janet Simons share their strategies to reach higher-performance levels without losing the livability of her forever home. |
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Listen and like Measure Twice, Cut Once for your chance to win a gas BBQ compliments of our Podcast Partner FortisBC. |
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NEW HAVAN MEMBER BENEFITS - IT'S ALL THERE VIA THE HUB
Have you logged into your NEW HAVAN CRM? In addition to accessing your directory listing, plus resources including your HAVAN logo and builder contract order forms, we now offer an updated career listings page, and an EXCLUSIVE Member to Member Marketplace, where you can provide member-only deals! |
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COMMITTEE NEWS |
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Committee meetings are being hosted online and in-person. Contact staff liaison for log-in details.
EDUCATION & TRAINING: Tuesday, May 10, 9am - 10:30am, online. Contact Wendy@havan.ca
SUPPLIERS' COUNCIL: Thursday, May 12, 9:30am - 11:00am, Location TBC. Contact Renee@havan.ca (email with link goes out May 6)
DESIGNERS COUNCIL: Tuesday, May 31, 9:30am - 10:30am, online. Open to Designer Company owner members only. Contact Dawn@havan.ca |
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FIND A CAREER |
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EDUCATION: FEATURED COURSE |
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FINANCING OPTIONS FOR THE CONSTRUCTION INDUSTRY - June 1st |
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There are different types of financing available to build or renovate, as well as many different types of loans. Material order time-lines are extending. Lenders are tightening up guidelines. Do you know your options? Empower your financing knowledge . Sign up today! |
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CHBA News |
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CHBA ADAPTIV HOME RENOVATION COURSE
The CHBA Adaptiv Home Renovation Course taking place online in September is now open for registration. This course is aimed at renovators, designers, and other professionals who want to learn more about the aging in place market and the growing business opportunities across the country. Special pricing for members. |
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HAVAN is a symbol of integrity and trust. Consumers turn to HAVAN to source builders, renovators, products and services to build their homes which help shape the communities where people want to live. As Canada's second largest, fastest growing home builder association, HAVAN attracts the industry's best, providing leading advocacy initiatives, education and resources to help our member companies thrive. A not-for-profit association, HAVAN is proudly affiliated with both the provincial CHBA BC, and national CHBA offices. Together, we are building excellence. |
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FOLLOW US ON SOCIAL: @HavanOfficial |
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Contact us: info@havan.ca | 778-565-4288 | www.havan.ca |