The expansion of Vancouver’s food truck industry has been immense. However, permit holders will no longer be able to resell their permits as some permits were being sold for $10,000 a year – 10 times their original price.
Vancouver City Council is set to vote on a bylaw next week that will prohibit permit holders from reselling permits.
The new by-law will also limit the number of permits one company can hold to four.
Local restaurants will also be happy to know that a food truck will not be allowed to set up within a 100 metres of a restaurant that sells food of a similar nature.