Quote:
Originally Posted by EastVanMark
As was mentioned by Vancouver councillor Reimer in an article regarding this issue, companies will not move to where the region thinks they should go. They are deciding between opening operations in Vancouver or Calgary, not Vancouver or Coquitlam. The region needs to 🞵🞵🞵🞵 out of such affairs and stop trying to dictate where commercial development growth should take place as a previous poster aptly put it like a "Soviet planned economy."
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The reality in economic/planning history is that from time-to-time government input at various levels and in a variety of ways-e.g. via tax breaks, zoning regulations or infrastructure development assistance to the private sector as seen during periods of economic downturn etc.- have effectively served to drive urban/real estate development in the holistic/mutual interest of both the wealthy and the impoverished!
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