Lawson Lundell's Real Estate Law Blog

Tag Archives: Foreign Ownership

BC Government Pushes Towards Foreign Ownership Restrictions on Agricultural Reserve Land With Bill M-205

Posted in Property Law

On February 16, 2017, Bill M-205 (Property Law and Land Title Amendment Act, 2017) passed first reading which, amongst other things, proposes to make amendments to the Property Law Act (British Columbia). Notably, Bill M-205 would restrict ownership of land within the Agricultural Land Reserve (the “ALR”) by foreign nationals or foreign corporations to a… Continue Reading