What are the CAC rates?

The CAC rates are:

  • $32.29 per square metres ($3 per square foot) for new multifamily residential floorspace up to a Floor Area Ratio (FAR) of 2.5
  • $5,500 for large one-family lots equal to or greater than 375 square metres (4,037 square feet)
  • $4,800 for small one-family lots less than 375 square metres

A credit would be applied for any existing residential floorspace on a lot that is being redeveloped.

Show All Answers

1. What is a CAC Program?
2. Who Pays CACs?
3. How long is the Program Grace Period?
4. When does the CAC program apply?
5. What kind of projects will the CACs fund?
6. What are the CAC rates?
7. How much revenue might the city receive from CACs?