When you are issued an absolute certificate of title under the Land Titles Act, it means your land has been registered as freehold or fee simple. It is the most complete ownership of land and as the owner of the property, you have full use and control over the land and the buildings on it, with the freedom to dispose of it at will.
This ownership is subject to any rights of the Crown, local bylaws and restrictions at the time.
Although landowners hold title to property, a certificate of title rarely includes the resources, such as petroleum, natural gas or minerals, that lie beneath the surface. The Government of British Columbia owns and has the authority to dispose of subsurface rights to most land in the province. The article, “How Oil and Gas Companies Obtain Subsurface Tenures” explains the steps taken before the Province sells or disposes of tenures to a company.