Burnaby wants to add 3,000 rentals by 2025. It's losing them instead

Burnaby Mayor Mike Hurley found himself defending the city’s track record on rental housing after some city councillors hinted it should require developers to build more rentals.

“Just relying on the developer to build purpose-built rentals is not necessarily going to work,” Tetrault said. “And we can’t depend on that. And so I’m hoping and maybe we need to look at some of our bylaw changes.”“Purpose-built rental allows a renter to plan a future in Burnaby and to stay in Burnaby as long as they wish, rather than be at the whims of whether or not the market changes and the rent can be drastically increased,” Gu said.

Instead, hundreds of rental units have actually been lost since 2020, according to Canada Mortgage and Housing Corp. data. Hurley cited the city’s most recent rental housing summary, which indicates 11,721 “total rental units at all stages of the development process,” including 6,997 non-market rentals and 4,724 market rental units.

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