No. Activities (building construction, water course impacts, shoreline manipulation etc.) are already regulated by your municipal, provincial and federal laws.  At the present time, NGO’s are working with municipal governments to establish consistent development guidelines in order to protect the shoreline of the Lake against over development and erosion, and to protect residents and developers against the effects of climate change and rising sea level.  If in the future there are any restrictions on your land, it would be due to changes in municipal regulations – not the BR designation.