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Musqueam, Squamish and Tseil-Waututh First Nations have signaled their intention to purchase a 38.8-acre parcel of land in West Point Grey. The lands consist of two parcels totaling 38.8 acres, which are owned by the province. Another 52 acres, known as the Jericho lands, were recently transferred from the federal government to the three First Nations and the Canada Lands Corporation. “If a sales agreement is concluded, it will allow for a meaningful community consultation process between the First Nations and the City of Vancouver on what the community would like to see with respect to future development of the lands,” B.C. said in a statement. “Any purchase would be based on fair market value for the land as determined by independent appraisals.”
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