The article you just read was brought to you by a few thousand dedicated readers. Will you join them?

Thanks for coming by The Tyee and reading one of many original articles we’ll post today. Our team works hard to publish in-depth stories on topics that matter on a daily basis. Our motto is: No junk. Just good journalism.

Just as we care about the quality of our reporting, we care about making our stories accessible to all who want to read them and provide a pleasant reading experience. No intrusive ads to distract you. No paywall locking you out of an article you want to read. No clickbait to trick you into reading a sensational article.

There’s a reason why our site is unique and why we don’t have to rely on those tactics — our Tyee Builders program. Tyee Builders are readers who chip in a bit of money each month (or one-time) to our editorial budget. This amazing program allows us to pay our writers fairly, keep our focus on quality over quantity of articles, and provide a pleasant reading experience for those who visit our site.

In the past year, we’ve been able to double our staff team and boost our reporting. We invest all of the revenue we receive into producing more and better journalism. We want to keep growing, but we need your support to do it.

Fewer than 1 in 100 of our average monthly readers are signed up to Tyee Builders. If we reach 1% of our readers signing up to be Tyee Builders, we could continue to grow and do even more.

If you appreciate what The Tyee publishes and want to help us do more, please sign up to be a Tyee Builder today. You pick the amount, and you can cancel any time.

Support our growing independent newsroom and join Tyee Builders today.
Before you click away, we have something to ask you…

Do you value independent journalism that focuses on the issues that matter? Do you think Canada needs more in-depth, fact-based reporting? So do we. If you’d like to be part of the solution, we’d love it if you joined us in working on it.

The Tyee is an independent, paywall-free, reader-funded publication. While many other newsrooms are getting smaller or shutting down altogether, we’re bucking the trend and growing, while still keeping our articles free and open for everyone to read.

The reason why we’re able to grow and do more, and focus on quality reporting, is because our readers support us in doing that. Over 5,000 Tyee readers chip in to fund our newsroom on a monthly basis, and that supports our rockstar team of dedicated journalists.

Join a community of people who are helping to build a better journalism ecosystem. You pick the amount you’d like to contribute on a monthly basis, and you can cancel any time.

Help us make Canadian media better by joining Tyee Builders today.
We value: Our readers.
Our independence. Our region.
The power of real journalism.
Get our free newsletter
Sign Up
Indigenous Affairs
Municipal Politics

The Squamish Are Teaching Vancouver a Big Lesson in How to Use Its Land

If you want non-market housing built, preserve and use public-owned property.

Alex Hemingway 5 Mar 2020 |

Alex Hemingway is the public finance policy analyst for the B.C. office of the Canadian Centre for Policy Alternatives.

As we face a severe housing crisis in Vancouver, the Squamish Nation is poised to add 6,000 new homes — mostly market rental housing — to its 11-acre reserve lands in Kitsilano. This will create a major new ongoing revenue stream for the nation, while providing rental homes to help ease Vancouver’s ultra-low vacancy rates.

The Sen̓áḵw project also offers important lessons about how to tackle the housing crisis, including the continuing need for a massive expansion of non-market housing.

The plan for the Sen̓áḵw lands received overwhelming support from Squamish Nation members in a vote held in December. Phased construction is set to begin in 2021 and be completed in as little as five years.

The Squamish Nation’s project represents one small step towards reconciliation in a city that is built on stolen Indigenous land, as the City of Vancouver itself acknowledged back in 2014.

The Sen̓áḵw lands where the project will be built represent only a sliver of the original reserve on the site (which is, in turn, only a sliver of the vast unceded Indigenous lands in this region and province). In 1913, the B.C. government forced the Squamish people off the Sen̓áḵw reserve and out of their homes, and the current smaller reserve land was only returned to the Squamish Nation in 2000.

As the Squamish councillor Khelsilem noted to the Globe and Mail, “this whole city built up around [our people] with very little benefit.” Now the Squamish are aiming to maximize the benefits to their nation that can flow from this small piece of their land.

One of the main benefits to the Squamish Nation of the Sen̓áḵw project will be economic — a large, steady new revenue stream from rents, as well as short-term revenues from strata sales (which will be on a 120-year land leases and may comprise up to 30 per cent of the homes in the project). The nation is also considering putting aside a few hundred of the homes specifically for Squamish members. They expect to employ Squamish workers and artists during the design and construction phase of the project.

In turn, the Sen̓áḵw project will provide benefits to the broader community in the form of a huge number of new rental homes (with zero displacement), providing close to a quarter of the City of Vancouver’s 10-year target for market rental housing.

To be sure, the biggest housing need in this region remains publicly funded, affordable rental housing, which should be a key focus for other levels of government. But rental housing of all kinds can help ease the vice-grip that landlords have over tenants in an ultra-low vacancy rate environment. During a climate emergency, it also allows more renters an opportunity to live in the central city, which has added new homes at a much slower rate than suburban areas in recent decades, leaving too many households dependent on automobile transportation.

Community-owned, enormous benefits

The structure of the Sen̓áḵw project illustrates crucial lessons for tackling the housing crisis going forward.

One key lesson is that when valuable urban land is community-owned and controlled, it can unleash enormous shared benefits. At present much of the land wealth in Vancouver is privately held — and it’s extremely unequally owned. As a result, hundreds of billions of dollars in land-value increases seen in recent years in this region have flowed to private landowners, rather than shared broadly.

Fundamentally, this land value is created collectively, reflecting what makes a location useful and attractive to people. It’s the result of public investments in infrastructure and services for transportation, water, sewer and electricity, as well as amenities like parks, community centres, libraries and public art. It also comes from everyone participating in the life of a thriving city — the people who create the services, community, and culture that makes a place desirable.

(The overwhelming portion of property wealth increases in Vancouver are in the value of the land, as opposed to physical investments in buildings on it.)

Just as the Squamish are unlocking the value in the Sen̓áḵw lands, other levels of government can do the same when land is publicly owned. Artist’s rendering of view from Burrard Bridge: Sen̓áḵw.

In the case of the Sen̓áḵw development, the wealth flowing from these lands will be shared by the Squamish people as a community. In other words, this land wealth is being socialized for the common good of the Squamish Nation. In the same spirit, the enormous land wealth in this city and province should be shared much more equally among those who create it — all of us — rather than flowing largely to private property owners. The scale of the land wealth at stake in this province is truly extraordinary. Since the mid-2000s alone, property wealth in British Columbia increased by about $1 trillion.

Just as the Squamish are unlocking the value in the Sen̓áḵw lands, other levels of government can do the same when land is publicly owned. Indeed, this speaks to the importance of not selling off precious public land — especially in high-demand urban areas — as occurred rampantly under the last provincial government (costing us hundreds of millions of dollars in forgone land value gains).

How governments could follow suit

Senior-level government should focus on harnessing the value of publicly owned lands to create below-market rental housing. After all, these governments have far more tools at their disposal to raise revenue than the Squamish Nation. Senior levels of government can also raise their own capital to create new housing, meaning they can rely less on private developers (as was needed for the Squamish in the case of the Sen̓áḵw project).

We must also increase the stock of public land ownership and ensure that a greater portion of socially created land wealth is shared. Crucially, progressive property tax revenues can be used to help fund the massive expansion of permanently affordable, publicly owned housing that we so desperately need. In the case of the Sen̓áḵw project itself, the Squamish have indicated their willingness to include below-market housing if governments and bodies like the Canada Mortgage and Housing Corporation provide the funding needed to bring rents down.

The provincial government has already taken important steps on the housing file over the past two years. These include introducing the speculation and vacancy tax and additional tax on properties worth over $3 million, as well as increasing direct public investment in affordable housing. But to address the scale of the housing crisis, action will have to be stepped up much further still.

In short, the Squamish Nation is poised to benefit enormously from their Sen̓áḵw project — and renters in this region will benefit, too. We can learn from their striking demonstration of how land wealth can be harnessed for the common good, and how to bring a climate emergency lens to creating new housing. The scale of the housing crisis can seem overwhelming, but it’s a challenge we can overcome if we ensure that more of the vast land wealth in this region is shared by all.  [Tyee]

Share this article

The Tyee is supported by readers like you

Join us and grow independent media in Canada

Facts matter. Get The Tyee's in-depth journalism delivered to your inbox for free

Tyee Commenting Guidelines

Do not:

  •  Use sexist, classist, racist or homophobic language
  • Libel or defame
  • Bully, threaten, name-call or troll
  • Troll patrol. Instead, downvote, or flag suspect activity
  • Attempt to guess other commenters’ real-life identities


  • Verify facts, debunk rumours
  • Add context and background
  • Spot typos and logical fallacies
  • Highlight reporting blind spots
  • Ignore trolls and flag violations
  • Treat all with respect and curiosity
  • Stay on topic
  • Connect with each other

The Barometer

Tyee Poll: Are You Preparing for the Next Climate Disaster?

Take this week's poll