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
U.S. authorities say a Canadian resident has been arrested in Quebec over an alleged Islamic State terror plot to kill Jewish people in New York. The U.S. Department of Justice says Pakistani national Muhammad Shahzeb Khan, 20, also known as Shahzeb Jadoon, was arrested on Wednesday in relation to the attack it says was to take place around Oct. 7, the anniversary of the Hamas attack on Israel last year.
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