« Back to Glossary Index« Back to Glossary Index
Tags: law
Categories: Economics & Finance
This process occurs when a public agency (for example, the provincial government and its agencies, regional districts, municipalities, school boards and utilities) takes property for a purpose deemed to be in the public interest, even though the owner of the property may not be willing to sell it.
(source: http://en.wikipedia.org/wiki/Expropriation)
Related Articles: