“Employment lands house 40% of all jobs in the region and a staggering 88% of manufacturing jobs,” said Giles Gherson, the board’s president and CEO, in a news release. “We cannot overstate how important employment lands are to protecting our region’s economic future.”
The report calls on the province to protect and plan the future of strategically important industrial, institutional, office and other commercial properties. Other recommendations include formalizing buffers and transition zones for industrial lands and identifying where housing can be strategically located on employment lands.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.