It takes nearly two years, on average, to obtain building permits in Vancouver.
It takes 21 months (on average) for homebuilders to obtain building permits from Vancouver City Hall.
Historically low interest rates have enabled families to more than double their mortgage borrowing power since 2000.
In neighbouring Burnaby, it takes only a third the time it does in Vancouver to obtain a permit.
In Vancouver, it takes almost two years, on average, to obtain a building permit.
In 2016, average rents in Montreal were $835 a month compared to $1,242 in Toronto and just under $1,300 in Vancouver.