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
Calgary's outdoor water restrictions will remain in place for now. The city has been cautiously testing the water system in recent days, and says there were issues at both water treatment plants, including pumps at water intakes.
Sandeep Singh Cheema, 41, a beloved father and husband, passed away as a result of a horrific head-on collision that occurred on July 16th, when a speeding semi-trailer drove through a red light as Sandeep was about to turn into his workplace to park his semi-trailer truck for the night and head home to his wife and daughters.
Ashcroft Mayor Barbara Roden says her community is in a wait-and-see situation as the 150-square-kilometre Shetland Creek wildfire looms nearby. Roden says Interior Health has moved 21 long-term care residents and five in assisted living out of the area as a precaution, as locals have been told to be ready to evacuate on short notice.
Vancouver Police say they're investigating a woman's death after her body was found in the water near a popular downtown beach over the weekend. A statement from Sergeant Steve Addison says a passerby saw the body at Sunset Beach yesterday.
Police are investigating a homicide in Maple Ridge. R-C-M-P say officers responded to reports of a woman bleeding from serious injuries along 232 Street, just north of Maple Ridge Park, yesterday afternoon.
Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing. Expectations that the bank will lower its overnight lending rate when it makes its scheduled announcement Wednesday have been high since last week's release of the latest Statistics Canada inflation report, which showed annual inflation cooled to 2.7 per cent in June.
