What you need to know
Community Benefit Agreements (CBAs) give Vancouver developers a collaborative way to promote growth for the communities they are investing in.
CBAs are planned and implemented between communities, developers, and the City. This allows developers to align with the needs of equity and equity denied communities and contribute to a shared vision for Vancouver.
In 2018, Vancouver became Canada’s first major city to institute a mandatory CBA policy for developments over 45,000 square metres. However, all developers are encouraged to sign a CBA, which demonstrates commitment to local, inclusive employment, and social and local procurement targets, which are outlined below. These targets are met during a development’s construction and throughout its operation.
Under the Vancouver CBA Policy, developments covered under a Community Benefit Agreement must demonstrate best efforts to meet the standards listed below. These efforts are supported through communication between planners, developers, subcontractors, and community stakeholders.
- Local, inclusive employment: Make 10% of new entry level jobs available to people in Vancouver first, specifically those from equity-seeking groups (this practice is referred to in the policy as first source hiring).
- Social procurement: Source a minimum of 10% of material goods and services from third party certified social impact or diverse or equity-seeking owned businesses, with a priority on Vancouver businesses.
- Local procurement: Attain 10% of materials, goods, and services from Vancouver companies or companies located in Metro Vancouver or British Columbia. These may or may not also be equity-seeking third party certified businesses.
When CBA applies
For the most up to date resources and guides related to the CBA Policy, contact us.