Darpan News Desk The Canadian Press, 10 Dec, 2024 04:50 PM
Vancouver City Council has approved a property tax increase of 2.9 per cent, with an additional one per cent dedicated to renewing critical infrastructure.
A statement from the city says the overall increase of 3.9 per cent is one of the lowest across the region following a 7.5 per cent increase for 2024.
City Council has approved the 2025 budget, including: 🚒 An operating budget totaling $2.34B 🏗️ A capital budget totaling $880M 🏘️ A 3.9% property tax increase
Mayor Ken Sim had earlier set a cap of 5.5 per cent for the 2025 increase.
Today, Vancouver City Council approved the 2025 budget, delivering a tax increase of just 2.9%, with an additional 1% dedicated to renewing critical infrastructure such as water and sewer lines.
We're investing in a stronger, safer, and more affordable city without cutting… pic.twitter.com/owtQMeSJmC
The federal government has tapped a panel of five experts to craft the path toward a universal pharmacare program. Dr. Nav Persaud, the Canada Research Chair in health justice, will chair a committee that includes a variety of health-care professionals who are tasked with advising the government on the next steps of the program.
British Columbia's independent police watchdog has cleared officers of wrongdoing in a crash where three people were killed south of Kamloops in July of last year. A report from the Independent Investigations Office says a man was driving recklessly at a high rate of speed and was in the wrong lane on Highway 97D near Logan Lake when he hit another vehicle head-on. The man and the two occupants in the other car died.
Yukon says its Communicable Disease Control and the territory's chief medical officer have confirmed a case of whooping cough on a flight from Whitehorse to Vancouver earlier this month. The territory says it is advising any passengers who took the Air North flight that left at 11:45 a.m. on Nov. 6 to monitor for symptoms, which may show up seven to 10 days after exposure.
The federal government is providing more than $574 million in financing to help build about 950 rental homes in Vancouver. The government says in a news release that a project on 42nd Avenue is one of four locations receiving funds through the Apartment Loan Construction Program, which offers repayable low-interest loans to encourage more rentals builds for middle-class Canadians.
Environment Canada has issued a winter storm watch for the South Klondike Highway from Carcross to White Pass. It says that is due to a frontal system moving across the area today.
Invest Vancouver — Metro Vancouver's regional economic development service — has released a new report that it says shows "how foreign direct investment is a powerful driver of employment and economic growth in B-C." The report says in 2022 that foreign multinational enterprises employed more than 349-thousand people in B-C, which marked a 46.3 per cent increase when compared to 2016.