Storey, Benjamin, "Evolution of Land Banking Objectives: An Examination of the Objectives of Three Metro Landbanks"

In the post war period federal and provincial housing policies have been focused on the provision of single family housing as a means of promoting economic consumption and stimulation of the Canadian economy. This policy direction has encouraged private sector supply where possible, while public sector resources have been directed to enhance favorable demand conditions.

The growth of the landbanks as an option to resolve the crisis resulted from three converging trends; the growth in state intervention in the economy through the welfare state, the attainment of household formation age of the baby boomers and a weakening economic condition.

Originally the land assembly program was designed as a program to provide affordable housing for low and moderate income families. The land assembly program in Nova Scotia had to evolve and adapt to new realities, as a result of changes within the political environment, economic conditions and planning environment.

The landbanking program was a significant and successful program. Despite the changes within the external environment and the evolutions within the land banking program, the program continued to serve the original goals of providing low cost accommodations in well planned environments for the people of Nova Scotia.

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This document was last modified on November 14, 2000.