Agricultural Land Reserve and it’s effect on BC Housing Prices

October 22, 2009

The goal of the Agricultural Land Reserve may have been to protect farmland, but instead it has “unduly taxed citizens and lowered the standard of living across the province,” the author of a new Fraser Institute study claims.

In the report BC Agricultural Land Reserve: A Critical Assessment, author and Fraser Institute director of environment Diane Katz contends that the ALR has failed to sustain family farms as it intended and has instead made Vancouver’s housing market one of the most expensive in North America. The Fraser Institute is an independent research and educational organization.

Read the report here.


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