It takes 21 months (on average) for homebuilders to obtain building permits from Vancouver City Hall.
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.
It costs an estimated $78,000 per unit to comply with building regulations in Vancouver.
Red tape has strangled housing supply growth in Toronto and Vancouver.