Metro Vancouver's board has directed staff to adjust its upcoming budget to soften a rising tax burden on residents by boosting fees to developers. The proposal would see that annual fee increase drop to an average of $851 per household by 2026.
Metro Vancouver’s board of directors has approved a motion to re-work its budget and lower the rising tax burden for the region’s 2.8 million residents.
The regional body forecast hundreds of dollars of increased utility fees over the coming years, largely due to multiple capital projects to upgrade water and sewer infrastructure across the region’s 21 municipalities, one electoral area, and one treaty First Nation. Metro Vancouver’s two biggest costs — and arguably the most important services it provides its members — come through the provision of drinking water and sewage treatment services.
“We would never plan today to be rebuilding four or five sewage treatment plants all at the same time,” Dobrovolny told the board. “It doesn't make sense. However, those are the cards that we've often dealt with.” Some of Metro’s board of directors questioned whether the plan to reduce fees to residents was financially sound.
Immigration already accounts for nearly all of Canada’s labour force growth, and by 2032, the federal government projects newcomers will make up 100 per cent of the country’s population growth.
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