January 8, 2019
by PETER MITHAM
The assessed value of farm properties in BC fell 2.6% over the past year, according to the BC Assessment Authority’s summary of the province’s tax roll.
BC had a total of 51,000 farm properties worth $1.25 billion on the valuation date of July 1, 2018. Kamloops saw the least decline in values, with the roll down just 0.6% to $105 million worth of farmland.
Fraser Valley properties accounted for the largest portion of the roll, with $347 million worth of properties or 28% of the roll. Properties in the Peace ranked second, accounting for 11% of the roll with a value of $142 million.
The value of the roll declined most in Vancouver, falling 29% to just $147, 264 in the heavily urbanized region. Vancouver Island saw the next greatest drops, led by the Capital Region where the roll fell 5.6% to $20 million.
Richmond-Delta, where residential construction has been blamed for a loss of farmland, saw the assessed value of farm properties decline 4% to $70 million. The residential roll in Richmond-Delta increased 5% to $118 billion.
Vol. 105 Issue 6
STORIES IN THIS EDITION
Hog farm won’t face charges
Okanagan drives land values
Where’s the beef?
Minister defends Bill 15 changes
Back Forty: Farmers, not just farmland, need revitalization
Editorial: No peace, no order
ALR restrictions make commuting a fact of life
Johnston’s Packers targeted by activists
Sidebar: When is a crime not a crime?
Berry growers get long-awaited funding boost
Proteobiotics reduce poultry, swine infections
Greenhouse growth stymied by gas prices
Increase farm productivity with cover crops
Ag Briefs: Water fees not evenly distributed among users
Ag Briefs: BC Tree Fruits prepares to relocate
Farmland trust explored for Island
New owner, same faces
Fruit growers cautiously optimistic on bloom set
Honeycrisp key to success for Golden Apple winners
Changes to slaughter rules taking too long
Going! Going! Gone
Local meat deamnd creating opportunities
Sidebar: Compost in 14 days
Ranch takes pasture to plate at face value
Market Musings: Technology has its challenges
Oliver veggie grower prefers wholesale
Grocer offers tips to get a foot in the door
Greenhouse veggie days a hit with school
Haskap research may help berry go mainstream
Research: Bee sensitivity linked to neonic pesticides
Fraser Valley orchardist calling it a day
Worming his way to the top of the heap
Mushrooms a viable crop for small growers
Island 4-H beef show celebrates 25 years
Woodshed: Deborah starts her vacation a golf widow
Brewery’s food program spawns farm project
Jude’s Kitchen: Celebrate dads!