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Canadian Corner - Around the Table with Brownfields

Just like the Americans did several years ago, Canadians are beginning to recognize the benefits of redeveloping our brownfield properties. Through this column I will provide insight to the Canadian brownfield market as it evolves into what we hope will be an emerging market full of opportunities like you have established in the U.S. By most accounts the Canadian brownfield market is in a nascent stage. While we have far fewer brownfield sites (30,000 to 50,000 estimated) than the U.S., many say that we are 5 to 10 years behind the progress that has been made in the U.S. This places us at both an advantage and a disadvantage. While we can certainly learn from your experience we must take into account legal, cultural and governmental differences in order to ensure that we do not replicate programs inefficiently.   When viewing how your market began, we see that the mayors…Log In to Read Full Article

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