National

Spike in Vancouver property tax in 2024

Darpan News Desk The Canadian Press, 13 Dec, 2023 02:11 PM

Vancouver business owners and residents will face a property-tax increase in 2024, but it’s smaller than last year’s double-digit spike.

Vancouver's city council has approved a 7.5-per-cent property-tax increase in 2024.

A statement from the city says the council approved a 10.7-per-cent increase in property taxes last year in order to fund core services, including police and fire rescue.

Mayor Ken Sim says although they still have more work to do in the years ahead, a smaller spike in the property tax increase in 2024 shows the city is making progress.

Prev Next

MORE National ARTICLES

Canadians to get update on federal finances, new housing measures in budget update

Finance Minister Chrystia Freeland is set to present the traditional fall update on Canada's finances — a fiscal blueprint that's expected to include measures aimed at getting more homes built. A senior government official, whom The Canadian Press is not naming because they were not authorized to share details publicly, confirmed Monday that several housing policies would be part of Tuesday's fiscal update.

Canadians to get update on federal finances, new housing measures in budget update

Ibrahim Ali's lawyers call no evidence in B.C. murder trial

Ibrahim Ali's lawyers have told the jury in his first-degree murder trial they will not be calling any evidence in defence of allegations he sexually assaulted and killed a 13-year-old girl in Burnaby, B.C.

Ibrahim Ali's lawyers call no evidence in B.C. murder trial

Canada awaiting news of possible deal between Israel, Hamas to release hostages: Joly

The temporary ceasefire deal could bring the first pause in fighting in a devastating six-week war. The conflict started Oct. 7 when Hamas militants killed an estimated 1,200 people in Israel and captured roughly 240 hostages.

Canada awaiting news of possible deal between Israel, Hamas to release hostages: Joly

1 in hospital in Langley shooting

At approximately 7:30 this morning, Langley RCMP received reports of shots heard in the 20100 block of 84 Avenue. Police located an individual at the scene suffering from what is believed to be a gunshot wound.

1 in hospital in Langley shooting

Statistics Canada says annual inflation rate slowed to 3.1% in October

Excluding gasoline, Statistics Canada says the consumer price index was up 3.6 per cent for October, following a 3.7 per cent increase for September. Prices for goods were up 1.6 per cent, while prices for services were up 4.6 per cent, largely due to higher prices for travel tours, rent and property taxes and other special charges.

Statistics Canada says annual inflation rate slowed to 3.1% in October

CRA claws back $458 million in pandemic-era wage subsidies after partial audit

The Canada Revenue Agency has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program as a result of a partially completed auditing process. The agency is releasing a report Monday that offers detailed findings of its audits of the Canada Emergency Wage Subsidy Program.