A beautiful photo of our river valley taken by local photographer Hugo Sanchez. Visit his website https://hugosanchez.smugmug.com/
Edmonton’s River Valley is one of our most valuable and cherished assets. Like any asset, it can increase or decrease in value over time. While the value of the River Valley to our quality of life cannot be calculated in mere dollars and cents, the city’s finances affect our ability to acquire private lands in the River Valley to further add to this important resource.
There will always be pressure from others to develop the River Valley. The Solar Farm, the Gondola and other projects are part of the ongoing erosion of Edmonton’s crown jewel. Our River Valley provides a quality-of-life benefit to Edmontonians of all backgrounds and from all walks of life. A permanent solution needs to be found to protect against the possibility of such projects destroying this shared green space.
Given the size and condition of Edmonton’s economy, it would be nearly impossible to acquire all the necessary land in the River Valley, as called for by our citizens and other interested parties. Also, given the restraints on government cash flow, very little money (if any) will be coming from other orders of government and what comes will be earmarked for competing needs of health, education and welfare.
This policy would allow Edmontonians to take the initiative and protect the River Valley themselves by providing them a vehicle that permanently acquires and safeguards land for future generations. Using a focused and limited tax credit system, the City of Edmonton and Edmontonians will be able to reach beyond our borders to raise the needed finances with private sector companies, non-government organizations, and individuals to reach our permanent goal: the complete and secure preservation of our River Valley.