Vancouver City Council passed a 7% property tax increase as part of next year's budget
Mornings with Simi
English - December 18, 2019 19:42 - 29 minutes - ★★★★★ - 1 ratingBusiness News News Society & Culture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
It's lower than the proposed 8.2% but still more than double the city's 10-year average. The decision didn't come easy to councillors, with NPA members Sarah Kirby-Yung and Colleen Hardwick arguing an increase well over inflation rate is too high.
Green Councillors Pete Fry and Adriane Carr pushed for the hike, in order to continue support for public services and climate change initiatives.
The long drawn out debate included dozens of amendments. At one point, COPE councillor Jean Swanson suggested the city cut its budget by cancelling new police hires but that amendment failed.
Guest: George Affleck
Former Vancouver City Councillor
Columnist for The Orca
Guest: Alex Hemingway
Economist for the Canadian Centre for Policy Alternatives
It's lower than the proposed 8.2% but still more than double the city's 10-year average. The decision didn't come easy to councillors, with NPA members Sarah Kirby-Yung and Colleen Hardwick arguing an increase well over inflation rate is too high.
Green Councillors Pete Fry and Adriane Carr pushed for the hike, in order to continue support for public services and climate change initiatives.
The long drawn out debate included dozens of amendments. At one point, COPE councillor Jean Swanson suggested the city cut its budget by cancelling new police hires but that amendment failed.
Guest: George Affleck
Former Vancouver City Councillor
Columnist for The Orca
Guest: Alex Hemingway
Economist for the Canadian Centre for Policy Alternatives