metro vancouver

8:12AM
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The prime minister's "foreign ownership" plan may make for good politics but the underlying economics is questionable, to say the least.


6:00AM
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The current transit plebiscite, conducted by mail-in ballot across Metro Vancouver, asks whether residents are willing to support a 0.5 percentage point increase to the Provincial Sales Tax, which would generate an extra $250 million to help fund $7.5 billion worth of transportation projects tabled by the Mayors’ Council.


9:00AM
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Over the next two months, residents of Metro Vancouver will vote “Yes” or No” in a transit tax plebiscite, but the proposed tax hike to finance what are mostly public transit projects is at best questionable from a transportation economics perspective.

9:00AM
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Over the next two months, Metro Vancouver residents will decide whether they want to pay $250 million more in sales tax each year to help fund a $7.5 billion capital expansion plan, mainly for public transit.


12:00PM
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In a recent column about the upcoming Metro Vancouver transit plebiscite, Vancouver Sun columnist Daphne Bramham complained about business leaders who talked “way more about cutting taxes for poor beleaguered taxpayers for the past 30 years than they have about the valuable services tax money provides.”


6:00AM
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Scrutiny of government tax and spending policies remains an important hallmark of Canadian democracy. And yet, while federal and provincial government finances routinely make headlines, municipal governments often escape the fiscal spotlight. This makes it difficult for taxpayers to know how local governments spend tax dollars and whether they deliver value for money.

6:00AM
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The City of Vancouver is the only municipality in B.C. that can directly take on debt without permission from the provincial and regional governments. Perhaps not surprisingly, it is also the only municipality in the Metro region with liabilities (debt, employee pension obligations, etc) consistently greater than financial assets (cash, investments, etc).