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 1
Victoria tweaks ALR rules
Ranch must allow anglers
Grappling with challenges
Editorial: Learning from leopards
Back forty: Livestock protection is a grey matter
Viewpoint: One zone shows foresight as BC ag evolves
Milk stocks rebuild but skimmed milk an issue
Holstein spring show grows, moves to Chilliwack
Dairy producers withhold national levies
Fund aims to give BC fruit growers a competitive edge
Ag Brief: New chair for Farm Industry Review Board
Ag Brief: BC Tree Fruits shake-up
Ag Brief: Thompson retires from dairy centre
New trap set to reduce Okanagan starling flocks
Consumer prices could buoy farm cash receipts
BC potatoes yield increase in 2018
Show, gala showcases BC agriculture
Hort show covers buds to spuds
Sidebar: Budding interest
Spotlight on dairy, innovation
Popular dairy tour showcases diversity
Overseas markets demand top quality
Sidebar: Gerbrandt coordinates berry research
Local seed initiative shifts focus to economics
Big dreams for small pepper growers
Research: Increasing green fodder could decrease allergies
Beekeepers learn to defend against wildlife
Public trust programming to expand in 2019
Farmers institutes meet to forge connections
The rock road of water buffalo in BC
Wannabe: Pulling together
Woodshed: Deborah finds it’s better to give than receive
Jude’s Kitchen: Start healthy