Transfer some tax dollars to the suburbs as an incentive to stop sprawling and maintina ag land
It is great that Vancouver is committed to denser more compact living but the real consequences of sprawl are outside of Vancouver's jurisdiction. By setting up a tax incentive/transfer system at the regional level, suburbs could benefit from increased property tax revenue Vancouver realizes from increases in density/population. On the flip side the region could impose a sprawl tax for those municipalities that decide to turn green fields and agricultural land into development. This could be put into a green fund.