Vancouver Community Benefit Agreement Policy

Community Economic Development Social Planner We will continue to understand the diverse perspectives of residents living in poverty, who are contributing to employers, the non-profit and social enterprise and the development community. In 2015, the Council commissioned staff to implement an urban community interest agreement (CBA) policy as part of the four-year “Healthy Urban Strategy” (2014-2018) action plan. The goal of a CBA is to ensure that development improves people`s lives through local attitudes and public social markets. For Vancouver residents, the CBA`s proposed policy emphasizes fairness of opportunity for residents. With a quarter of Vancouver residents living below the low-income measure, the third highest rate of any canadian city, and with the second-highest income gap of any Canadian city, Vancouver`s CBA policy will help ensure that worthy jobs are distributed more equitably across communities throughout the development lifecycle. In the coming years, this new policy environment will demonstrate opportunities and needs to strategically develop and implement CFCs, maximizing workforce development opportunities, diversity of suppliers and capacity building in communities and sectors. This will contribute to the city`s objectives of improving economic security and affordability for its inhabitants, especially those who are statistically over-represented in poverty and job insecurity. The CBA`s policy would be part of the Community`s DTES strategy for economic development for 2016, which aims to develop and build capacity in the field of social enterprises and to take advantage of the presence of anchor institutions and key industries for social public procurement. CBA`s policy also builds on the experience of recent CBAs in the major Projects of Parq Urban Resort and Casino and Concord Pacific Developments and builds on framework conditions introduced at the federal and provincial levels in 2018. In September, the Council adopted the Community Interest Agreement (CBA) policy, a framework that sets standards for development industry practices, to ensure that real estate development brings short- and long-term improvements to communities through local recruitment, public procurement and capacity building. The CBA process is a collaboration between community organizations, the city and the development industry with significant community engagement. As part of a CBA, a developer commits to taking action, objectives and outcomes related to employment and procurement in a community where development takes place or with groups seeking action in neighbouring communities. (Equity-seeking groups are groups that experience marginalization due to factors based on economic or immigrant status, ethnicity, gender or sexual orientation, faith, education, or disability or health condition.

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