Greater Vancouver Sewerage and Drainage District v S & R Sawmills Ltd.

Decided: 2026-10-28. Docket: CA51281. Citation: 2026 BCCA 422 (CanLII). Property — Expropriation — Compensation — Expropriation Act, ss. 31, 32 — Whether market value for a leased fee interest requires deducting the lease value — Separate interests and “if practical” established separately — Rejection of arithmetical allocation as determinative — Market impact of lease treated contextually — Appeal dismissed | Lease and tenancy — Leasehold interest — Assignability — Non-assignable, non-renewable lease with time remaining — Whether a mandatory two-part test requires assignability before lease affects market value — Profit rent and marketability discussed — Judge’s comments treated as fact-specific — No reviewable legal error found — Appeal dismissed | Property — Market value — Expert apprai