Preserving Industrial Areas for Jobs
Vancouver's downtown densification process has been so successful that it has put pressure on nearby waterfront areas to densify as well. A new regional growth strategy is aimed at preserving the industrial land for jobs rather than homes.
Jeff Lee reports:
"Burnaby Mayor Derek Corrigan, chairman of Metro's regional development committee, said the region's non-residential land is under attack. "Anytime a developer can get [approval] for residential ... there's huge profits to be made. It's about money. Creating jobs comes second to people making a profit off residential property.""