The lands acquired for regional parks and trails through the Land Acquisition Fund contribute significantly to the environmental, economic and social sustainability of the region.
The funds are generated through a levy set at a rate of $20 per average residential household. The fund is projected to generate approximately $3.7 million each year to 2019.
Land Acquisition Strategy
A Land Acquisition Strategy provides the CRD Board with a road map for acquiring land to add to the regional parks and trails system. Future acquisition of land for regional parks and trails is guided by the CRD Regional Parks Strategic Plan 2012-2021. The long-term vision of a proposed regional system recognizes the existing broad system of interrelated park areas.
Since the establishment of the fund in 2000, the CRD, with the help of its partners, has acquired 4,608 hectares of land totalling approximately $56.3 million. Of that total, the CRD has contributed approximately $38.7 million (70%) through the Land Acquisition Fund, and partners have contributed approximately $17.5 million (30%).
Our partners include The Land Conservancy of BC, Nature Conservancy of Canada, Government of Canada, Province of BC, land owners, individuals and business donors.
The annual summary of park land acquisitions and of the land acquisition fund can be found in the CRD Regional Parks Annual Reports.
History of the Fund
In 2000, the CRD Board established a ten-year Land Acquisition Fund at a rate of $10 per average residential household. The fund generated approximately $1.7 million per year to purchase land for regional parks and trails, as documented in the CRD Regional Parks Master Plan (2000). In 2010, the Board extended the Land Acquisition Fund for another ten years and increased the fund by $2 per average residential household per year, to a maximum of $20 in 2014 through to 2019.