What is the test for determining the value of a piece of land that is not for sale?

Saskatchewan, Canada


The following excerpt is from Archibald , Galon and John Galon Insurance Services Ltd. v. Regina, City of, 1983 CanLII 2024 (SK QB):

Under this provision of the Act, the court is required to fix the value to the owner of the land (See Saskatoon v. Smith-Roles Ltd., 1978 CanLII 182 (SCC), [1978] 5 W.W.R. 79; 22 N.R. 111).

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