Aboriginal Land Rights, Economic Self-Sufficiency, and Real Estate in British Columbia
商品編號：W25805
出版日期：2024/05/15
再版日期：
商品來源：
商品主題：General Management/Strategy; Economics & Public Policy
商品類型：Note
涵蓋議題：First Nations;Land Rights;Real Estate;Indigenous
難易度：4 - Undergraduate/MBA
內容長度：17 頁
地域：Canada
產業：Real Estate and Rental and Leasing
事件年度：2021
Indigenous people “continue to have shorter life spans, poorer health, higher unemployment, lower educational levels, and generally far poorer socio-economic conditions than the Canadian average.” To address these issues and build economic self-sufficiency, First Nations communities must be able to exercise their rights to the land they have occupied for millenniums. In British Columbia, most First Nations have never extinguished their Aboriginal title rights, so according to the Canadian Constitution and multiple Supreme Court of Canada rulings, First Nations hold the legal rights to most of the public land in British Columbia (BC), although they must fight in court to prove this for each and every parcel. Although title was never legally extinguished for private land either, private land is not addressed in this note.
As of 2021, real estate comprises the largest portion of Canada’s gross domestic product, and property values have reached historic highs. This presents an opportunity for First Nations to use their land to generate wealth and address the socio-economic issues that are keeping their communities from meeting the same standards as the rest of Canada. First Nations in Vancouver and beyond have been buying large parcels of land from the federal and provincial governments for residential development, offering long-term leases and rental properties on the developed land. To be clear, this is land in the First Nations’ own territories—which they could pursue rights to and might very well win—but proving this would likely involve very long court cases lasting many years and costing many millions of dollars. During this time, a great deal of money would be spent but none generated. So instead, out of pragmatism, some First Nations have chosen to buy land fee simple and develop it. The note specifically does not ask students to comment on the conduct of Indigenous Peoples.
教學手冊：Aboriginal Land Rights, Economic Self-Sufficiency, and Real Estate in British Columbia - Teaching Note
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