Quote:
Originally Posted by trueviking
What about banks I wonder. Would they give you a mortgage on reserve land.
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I think it would depend on how things are set up.
From Tsawwassen:
"In the private sector, land tenure has been key to attracting private sector financing. Recently, we partnered with Ivanhoé Cambridge, which is developing a significant commercial project on Tsawwassen land. In 2014, it was recognized as the largest single real estate investment in British Columbia valued at about $650 million. It was significant for a First Nation as well as the province. Understanding how Tsawwassen's land ownership model integrates with the provincial land title framework was key for them to be able to get things like the land title insurance they needed to ensure that their significant investment in Tsawwassen lands was not at risk and that they had comfort. Land tenure certainly helped do that."
https://sencanada.ca/en/Content/Sen/...2/appa/52015-e (scroll down to Colin Ward's testimony)
FYI I'm just googling this, I have no actual idea. It's just interesting to me...
