Vancouver Budget

• Vancouver city council approves budget with 3.9% tax hike

  Staff had initially proposed an increase of 5.5 per cent, but Mayor Ken Sim said additional savings and revenue sources allowed the final figure to come in at the lower figure.

  Politics

  Dec 10, 2024
  
• Vancouver budget: Draft forecasts 5.5% property tax hike

  Homeowners could also see an 18.2 per cent utility fee hike, partially driven by a 37 per cent increase in sewer rates related to cost overruns on a regional sewer plant.

  Politics

  Dec 3, 2024
  
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• New committee to explore Vancouver Budget Task Force recommendations

  Mayor and council approved a motion to strike a new committee to examine the suggestions of Mayor Ken Sim's Budget Task Force and report back with implementation options.

  Canada

  Jan 23, 2024
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• Vancouver budget advisers recommend narrower focus, possible asset divestment

  According to Mayor Ken Sim's Budget Task Force, Vancouver faces two "urgent challenges." The first is a "staggering" $500-million annual infrastructure funding deficit.

  Politics

  Jan 18, 2024
• Vancouver council approves 7.5 per cent property tax hike

  Vancouver homeowners will pay an extra 7.5 per cent property tax next year. That's down from the 10.7 per cent hike last year, but still the second highest in the last decade.

  Politics

  Dec 12, 2023
• Ride-hailing fee hikes prompt pushback in Vancouver

  The fee to be picked up or dropped off in downtown Vancouver could climb from $0.30 to $0.60 in the next two years.

  Economy

  Dec 5, 2023
• Vancouver won’t see Mayor’s Budget Task Force report until next year

  Vancouver's Mayor's Budget Task Force struck in April was charged with going through the city’s budget with a 'fine-toothed comb.' The report was due to be released in October.

  Politics

  Nov 28, 2023
• Budget outlook warns Vancouver could face 9% annual property tax hikes

  The warning is included in a 2024-2028 budget outlook prepared by the city's director of finance, and due to be considered at a council meeting next week.

  Politics

  Jun 22, 2023
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• Vancouver mayor strikes task force to go over budget with ‘fine-toothed comb’

  The task force comes after Ken Sim's ABC Vancouver dominated city council approved a 10.7 per cent property tax increase in its 2023 budget.

  Politics

  Apr 3, 2023
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• Port Coquitlam touts tax increase of 3.3% as Vancouver voters face surprise 10.7% hike

  The 10.7 per cent tax hike was approved in a nearly unanimous budget vote that will see spending increase for the fire department, police and city engineering services.

  Politics

  Mar 1, 2023