The Fraser Institute: Canadian Property Rights Weakest Among Western Countries Allowing Governments to Freeze Use of Property Without Compensating Landowners
(firmenpresse) - CALGARY, ALBERTA -- (Marketwire) -- 05/10/12 -- Canada is far behind Europe when it comes to compensating property owners for government restrictions on private property, concludes a new book published by the Fraser Institute, Canada's leading public policy think-tank.
"Unlike Europe, where governments of all stripes compensate private property owners when regulation acts as de facto expropriation, governments in Canada can wholly or partly freeze your property through regulation and not offer a dime in compensation," said Mark Milke, Fraser Institute director of Alberta policy research and author of .
"That's a major policy failure and a black eye on Canada's reputation for fairness."
In the book, Milke points out that Canada's record of non-compensation for a loss of use from regulation sets it apart from other Western countries. A survey of 13 nations found Canada and Australia to be the most restrictive about compensating for regulatory takings. By contrast, Poland, Germany, Sweden, Israel, and the Netherlands provide the broadest compensation rights.
Milke highlights specific cases that provide examples of how Canadian governments freeze and then devalue private property:
"Private property owners in Canada, whether they are companies with deep pockets or farmers with few resources, have the odds and governments stacked against them in fights for fair compensation," Milke said.
He recommends that when governments regulate private property for public purposes, individual landowners should be compensated for the whole or partial loss of property. Compensation should occur when any regulatory action causes a decline in property values that exceeds five per cent; this would follow best practices that exist in European countries.
"When governments restrict the use of private property for public use, the public, not individual property holders, should bear the cost of private property," Milke said.
"Germany, Israel, the Netherlands, Poland, and Sweden offer substantial compensation to property owners who are adversely affected by government regulation. Why not Canada?"
The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of 80 think-tanks. Its mission is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals. To protect the Institute's independence, it does not accept grants from governments or contracts for research. Visit .
Contacts:
The Fraser Institute - Media Contact
Mark Milke
Director, Alberta Policy Research
(403) 216-7175 ext. 423 or Cell: (403) 510-6270
The Fraser Institute
Dean Pelkey
Director of Communications
(604) 714-4582
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Datum: 10.05.2012 - 04:32 Uhr
Sprache: Deutsch
News-ID 1112834
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