Report highlights industrial lands' economic impact, facing challenges that threaten future growth in Metro Vancouver.

A new report by InterVistas Consulting for Metro Vancouver reveals that industrial lands, though only 4% of the region's total land, generate $8 billion in annual taxes and support 22% of jobs. These lands face challenges due to high costs and low vacancy rates, threatening future economic growth. The report recommends increasing industrial zoning and limiting non-industrial uses to protect and optimize the remaining lands.

3 months ago
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