According to a report commissioned by the province, more than 115,000 new housing units were awaiting approval in six Metro Vancouver municipalities.
Both Toronto and Vancouver require at least one space per residential unit in most of the city.
The owners of 67,000 lots currently zoned for single-family housing can now rebuild their homes as duplexes.
The imbalance between the number of available units and the number of would-be renters drives up rents.
Osaka, Japan is 5.7 times more dense than Calgary.
Government workers in B.C. are absent from their jobs for personal reasons 49 per cent more often than private-sector workers.
San Francisco has a comparable land area to Vancouver but accommodates roughly 30 per cent more residents.
In today's budget, B.C. NDP Finance Minister Carole James said the government’s housing plan will be “comprehensive."
Historically low interest rates have enabled families to more than double their mortgage borrowing power since 2000.
Mayor Gregor Robertson has started a push for the City of Vancouver to become a “living wage employer.”