Overview
- Montrose Properties says it will ask the B.C. Supreme Court to reopen the case, arguing it should have been a party to litigation that affects its holdings.
- The company reports ownership of about 120 hectares within the approximately 300-hectare area, including a Coca-Cola bottling plant and a Canadian Tire depot.
- B.C. Attorney-General Niki Sharma will seek a stay of Justice Barbara Young’s decision while multiple appeals proceed, pointing to the absence of private owners in the case.
- The judge declined to require formal notice to affected homeowners, and the court’s declarations were suspended for 18 months to allow arrangements.
- Property owners are preparing assessment and tax appeals as major developers, lenders and insurers question marketability, valuation and governance over the lands.