Infrastructure
Improve industrial land availability
Keeping land affordable for BC Businesses
Industrial land is in short supply and what is available is expensive. It is estimated that by 2030 all industrial land in the Lower Mainland will be exhausted. A lot of land is being held by developers for residential opportunities squeezing job creators further out of town. Land costs too much to purchase and service. Property taxes keep going up. BC needs to develop a policy to protect industrial land and explore an industrial land reserve in order to prevent businesses moving to lower-cost jurisdictions like Alberta and Washington.
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