B.C. Green Caucus calls on province to take immediate action to stymie speculation on farmland
VICTORIA, B.C. – The B.C. Green Party caucus is calling on the provincial government to take immediate action to stymie speculation on ALR land. The Caucus says the vote at Richmond council last night demonstrates why provincial action is needed.
“Mega mansions on ALR land are imperiling our food security, destroying agricultural land and driving up prices well beyond the reach of young farmers,” said Andrew Weaver, leader of the B.C. Green Party.
Read moreWeaver introduces bill to protect agricultural land from speculation
VICTORIA B.C. – To address the rampant speculation of agricultural land in B.C., a trend that sees valuable farmland left unseeded or turned into sprawling mansions, today Andrew Weaver, Leader of the B.C. Green Party, tabled the Property Law Amendment Act.
“Since the introduction of the 15% foreign buyers tax on residential real estate in Metro Vancouver, speculators have targeted other areas of the Province and our agricultural land,” said Andrew Weaver, also the MLA for Oak Bay-Gordon Head.
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