Public Policy Think Tank Releases New Property Rights Index: Western Provinces Lead, Atlantic Provinces Trail

Public Policy Think Tank Releases New Property Rights Index: Western Provinces Lead, Atlantic Provinces Trail
A pumpjack works at a well head on an oil and gas installation near Cremona, Alta., in a file photo. (Jeff McIntosh/The Canadian Press)
Amanda Brown
7/22/2023
Updated:
7/22/2023
0:00
Celebrating its tenth anniversary, the Frontier Centre for Public Policy, a non-partisan think tank, has published its updated Canadian Property Rights Index (CPRI) executive summary. Released July 17, the assessment aims to gauge the state of property rights across Canada, building on the inaugural index conducted in 2013.

The CPRI project is dedicated to evaluating the level of property rights protection within Canada’s provinces and territories.

“Due to the importance of property rights to individuals and the economic well-being of a country, the Index is intended to provide a comprehensive measure of the protections that are currently in place,” the summary said.

“This updated version of the index includes seven indicators: land title system, expropriation, regulatory takings (‘down-zoning’), municipal power of entry, civil forfeiture, endangered species, and heritage property.”

Regulatory taking is when regulations enacted by a government prevent a property owner from making any beneficial use of a property, effectively “taking” the property. If a regulatory taking has occurred, the government is legally bound to compensate the property owner.

This comprehensive evaluation allows for easy comparisons between jurisdictions, providing valuable insights into the current level of property rights protection. Armed with this knowledge, governments, individuals, and organizations can collaborate to ensure sufficient safeguards for property owners.

“Property rights are essential for economic freedom, but in Canada, some provinces and territories often lack the protections that are necessary for the proper safeguarding of rights,” the summary said.

“The revision reveals a distinct east-west dimension in the results, with the provinces from the West dominating the rankings.”

Although Nova Scotia came second in the rankings, the Atlantic provinces stayed at the bottom of the index.

Limiting government and educating the public to demand better rights protection is key to protecting title holders, the summary reported.

In addition to enshrining property rights into the Canadian constitution, measures were recommended to control regulatory takings and to set up an organization to monitor, educate, and protect property rights.

The policy centre concluded by arguing that if the recommendations are implemented, they have the potential to significantly enhance economic freedom and prosperity for all Canadians.