It is very hard to believe that we still need to be reminded about the importance of food security and ensuring that our agricultural land, which in Metro Vancouver is the finest arable land in Canada, is protected for future generations.
Price Tags Vancouver has been tracking the unbelievable story of the City of Richmond Mayor and Council allowing mansions of over 10,783 square feet in size to be built on agricultural land that is over one half-acre in size. These “farms” are being bought at an agricultural land price as they are in the Agricultural Land Reserve, then redeveloped with large mansions and then quickly turn into multi-million dollar gated estates, exempt from the foreign buyer’s tax (they are on agricultural land) with a large land lift as these countrified estates demand top dollar for offshore buyers. These lands will never return to agricultural use and are now economically out of the reach of farming buyers. Read on >>