REAL 1820 Study Guide - Final Guide: Capitalization Rate, Sun Life Financial, Online Banking

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Land use planning: refers to scientific, aesthetic & orderly disposition of land, resources, facilities & services trying to secure physical, economic & social efficiency, health & well-being of communities. To ensure land is used efficiently for benefit of wider economy, population & environment. According to constitution of canada provincial governments are responsible for land use controls (they delegate power down to cities that have authority within set of provincially mandated principles) Sets out land use policy directions for long- term growth & development in city. Outlines how a specific piece of land may be used. Acts as legal tool under ontario"s planning act. Set of rules that specify minimum acceptable level of safety. For constructed objects including constraints on design, size, materials. Prevents negative externalities that arise from conflicting land uses (when conflicting land uses are allowed on same block. Ie: noises & pollutions generated by factory to nearby homes)

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