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May16, 2016

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32 THE JOURNAL OF COMMERCE MAY 16.2016 TOP 25 NORTH AMERICAN PORTS SPECIAL REPORT RESIDENTIAL DEMAND AND agricultural interests increasingly claim potential industrial property around Port Metro Vancouver, leaving Canada's largest port with fewer options for expansion. Although a large part of the pres- sure on land for port-related facilities comes from developers eager to meet the needs of home buyers with deep pock- ets, provincial legislation intended to save agricultural land in British Colum- bia, coupled with deep distrust from municipal politicians who believe the port doesn't need to expand, is hamper- ing port expansion. "I don't concede that the federal government, through the Port Metro Van- couver, governed by a board that is made up of people in the industry, has the right to set itself up as a kingdom within the city of Richmond, and do what it wants," Malcolm Brodie, mayor of Richmond, Brit- ish Columbia, was reported as saying in a conversation to a local media outlet. The city of Richmond, located at the mouth of the Fraser River, is no stranger to the maritime industry, having within its boundaries a port containing Can- ada's largest fishing fleet, Deas Pacific Marine, which repairs BC Ferries, and a variety of marine industries with sig- nificant employees living in the city. But other municipalities upriver appear to share the same sentiments as Brodie, making development on the river dif - ficult with the exception of Port Metro Vancouver's Fraser Port, which has lim- ited land available. In addition, the Agricultural Land Reserve that took effect between 1974 and 1976 now protects about 11.6 million acres in British Columbia for the production of food, limiting access to industrial land. Robin Silvester, president and CEO of Port Metro Vancouver, said there "needs to be a balance" between the amount of protected farmland and land needed for future use by industry. Container volume has been expanding by about 5 percent annually. The port and other industries are calling for changes to the Agricul- tural Land Reserve because it blocks industrial development projects. Many farmers also oppose the ALR because it prevents them from selling their land to an industrial buyer for a price well above that for agricultural use. Native A merica ns, such as the Tsawwassen First Nation, which have given the Canadian government the right to manage their lands much as a municipality does, are exempt from the provisions of the ALR, however. Three hundred acres of First Nation land adja- cent to Deltaport has been leased to Port Metro Vancouver for GCT's Deltaport Intermodal Yard Reconfiguration Proj- ect, with the provision that First Nation By Leo Quigley VANCOUVER'S SPACE JAM Residential development and land preservation efforts put the squeeze on industrial real estate around Canada's largest port THERE "NEEDS TO BE A BALANCE" BETWEEN THE AMOUNT OF PROTECTED FARMLAND AND LAND NEEDED FOR FUTURE USE BY INDUSTRY.

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