Planning use values or values-based planning? “Rolling with” neoliberal flood risk governance in Vancouver, Canada

Neoliberal flood risk governance has become the norm in Canada and much of the rest of the global North in the interest, hypothetically, of achieving so-called efficiencies and resilience and, practically, out of desperation for access to any more resources to face a growing burden. This paper traces the path toward a flood risk governance model in Vancouver together with the development history of the city to illustrate the coproduction of urban landscape, capital, and flood risk. It situates what is intended to be a progressive “values-based” local adaptation planning program within that context to question whether or not such a program can elevate the use value of land. The paper demonstrates that a flood risk governance model further entrenches neoliberal hegemony and exchange values, with implications for urban space and how city inhabitants interact with flood hazards that are beyond the reach of values-based planning.