The Government of British Columbia has set new housing supply targets for 10 municipalities, raising the total to 40. This is part of the province’s ongoing effort to address the housing crisis. The fourth group of municipalities includes Burnaby, Coquitlam, Courtenay, Township of Langley, Langford, Penticton, Pitt Meadows, Richmond, Squamish, and Vernon. The Province announced the names on May 29 but revealed the targets on Thursday. Officials noted that many in this group are already building homes at a strong pace. Their inclusion shows that every community plays a role in solving the housing shortage.
The housing supply targets come as a Ministerial Housing Target Order (HTO). Each municipality has annual goals and a cumulative five-year target. The five-year targets cover roughly 75% of the estimated housing needs. Burnaby’s target starts at 1,536 homes in year one and rises to 10,240 by year five. Coquitlam is set to build 972 homes in year one, reaching 6,481 by year five. Courtenay’s target begins at 200 homes and increases to 1,334, while Langley (Township) starts at 989 homes and reaches 6,596. Langford’s goal begins at 449 and rises to 2,993, Penticton from 136 to 908, and Pitt Meadows from 109 to 727. Richmond’s target is 1,013 homes in the first year and 6,753 by year five. Squamish will build 160 homes initially, reaching 1,069, and Vernon’s target goes from 277 to 1,849. These targets will be effective from September 1, 2025, to August 31, 2030.
The housing supply targets are part of the Housing Supply Act, introduced by Premier David Eby in November 2022. The first cohort, announced in September 2023, included Abbotsford, Delta, North Vancouver (District), Kamloops, Oak Bay, Port Moody, Saanich, Vancouver, Victoria, and West Vancouver. The second cohort came in June 2024, covering Central Saanich, Chilliwack, North Vancouver (City), Esquimalt, Kelowna, Maple Ridge, Nanaimo, Sidney, Surrey, and White Rock. The third cohort, announced in July 2024, included Colwood, Township of Langley, Mission, New Westminster, North Cowichan, North Saanich, Port Coquitlam, Prince George, View Royal, and West Kelowna. Most municipalities were chosen from a list of 47 communities. In May 2025, the Province added 12 more municipalities with high demand, low vacancy rates, and limited housing availability. Coldstream, Comox, Courtenay, Cumberland, Lake Country, Parksville, Peachland, Penticton, Qualicum Beach, Salmon Arm, Summerland, and Vernon were added, three of which are part of today’s fourth cohort.
Only the first cohort has completed a full year under housing targets. Many, including Vancouver, fell short in their first year. Targets measure net new units completed, so early results reflect actions taken before receiving targets. Oak Bay and West Vancouver missed their targets by the largest margin. In response, the Province assigned a special advisor to review municipal policies and implement reforms. By setting these BC housing supply targets, the government aims to ensure steady progress in building new homes across urban and smaller communities alike.
