Skip to Main content

12.72°^C Vancouver

News Entertainment Sports Videos Shows Podcast Contact Us

Mar 24, 2021 9:31 PM -

City of Vancouver releases its 2020 Statement of Financial Information

Share On

city-of-vancouver-releases-its-2020-statement-of-financial-information

New financial data shows operating revenues for the City of Vancouver dropped by 90 million dollars, in large part due to the COVID-19 pandemic. (Photo - City of Vancouver/Twitter)

New financial data shows operating revenues for the City of Vancouver dropped by 90 million dollars, in large part due to the COVID-19 pandemic.

Mayor Kennedy Stewart says the city was able to save some money through more than 1,800 layoffs and the deferral of expensive capital projects as well as city council taking a 10 per cent pay cut.

Stewart says the city is in much better shape than this time last year.

A report on the city's budget says it expects the pandemic to continue to negatively affect non-tax revenues in to 2021.

City of Vancouver on Twitter:

Today the City released its 2020 Statement of Financial Information. Find out more: http://ow.ly/kgAr50E7tLA

Latest news

One B.C. Unveils Election Platform With Tax Cuts, DRIPA Repeal Promises

The Dallas Brodie-led One B.C. Party has released its platform for the B.C. provincial election, outlining a series of promises aimed at improving the province’s economy, social services and health-care system. Key commitments include cutting all personal income tax brackets and corporate taxes by 25 per cent, along with reducing the Provincial Sales Tax (PST) by two percentage points. The party also promises to remove SOGI from schools and introduce a Parental Bill of Rights. One B.C. is also pledging tougher action against drugs and crime. Its top platform commitment is to repeal the Decla

AlbertaOct 05, 2026

Amber Alert Cancelled for 7-Year-Old Aspen Wilson, Suspect Arrested

The Amber Alert issued for 7-year-old Aspen Wilson of Valleyview, Alberta, has been cancelled. Police said the child was found safe and the suspect involved in the incident, Alexander Stone, was also arrested. Authorities thanked members of the public for their quick assistance and vigilance during the emergency.

CanadaOct 05, 2026

Canada’s Services Sector Contracts for Fourth Straight Month, Businesses Remain Optimistic About Future

Canada’s services sector continued to contract in September, marking the fourth consecutive month of decline. According to the S&P Global Canada Services PMI, released Monday, the headline business activity index improved slightly to 48.3 in September, up from 46.8 in August, but remained below the key 50 mark that separates expansion from contraction. Experts attributed the weakness to ongoing tariff disputes, U.S. restrictions on Canadian products and global uncertainty linked to tensions in the Middle East. However, there was some positive news as Canadian companies remained optimisti

AlbertaOct 05, 2026

Amber Alert Issued for 7-Year-Old Girl Abducted in Alberta

An Amber Alert has been issued in Valleyview, Alberta, for a 7-year-old girl who police say was abducted by her stepfather. According to Alberta Emergency Alert, Aspen Wilson, 7, was abducted from her home in Valleyview, a community in northeastern Alberta located about 350 kilometres from Edmonton. Aspen is approximately 4 feet tall, with blonde hair and blue eyes. Police are searching for 28-year-old Alexander Stone, who is described as approximately 6 feet 5 inches tall, weighing 185 pounds, with brown hair. He is believed to be travelling in a Chevrolet Venture van with Alberta licence pla

taxpayers-federation-b-c-conservatives-warn-ebys-proposed-tax-could-drive-doctors-out-of-province

Taxpayers Federation, B.C. Conservatives Warn Eby’s Proposed Tax Could Drive Doctors Out of Province

The Canadian Taxpayers Federation has strongly opposed a proposed new tax from B.C. NDP Leader David Eby, warning that it could drive job creators, doctors and other professionals out of the province. B.C. Conservative Party Leader Lorne Doerkson also warned Eby about the proposed tax, saying it could push doctors out of British Columbia at a time when about 323,000 people in the province are still without a family doctor. Doerkson said doctors are already being recruited by Alberta and the United States with better opportunities, and adding another tax would give them another reason to leave

Related News

One B.C. Unveils Election Platform With Tax Cuts, DRIPA Repeal Promises

One B.C. Unveils Election Platform With Tax Cuts, DRIPA Repeal Promises

The Dallas Brodie-led One B.C. Party has released its platform for the B.C. provincial election, outlining a series of promises aimed at improving the province’s economy, social services and health-care system. Key commitments include cutting all personal income tax brackets and corporate taxes by 25 per cent, along with reducing the Provincial Sales Tax (PST) by two percentage points. The party also promises to remove SOGI from schools and introduce a Parental Bill of Rights. One B.C. is also pledging tougher action against drugs and crime. Its top platform commitment is to repeal the Decla

Taxpayers Federation, B.C. Conservatives Warn Eby’s Proposed Tax Could Drive Doctors Out of Province

Taxpayers Federation, B.C. Conservatives Warn Eby’s Proposed Tax Could Drive Doctors Out of Province

The Canadian Taxpayers Federation has strongly opposed a proposed new tax from B.C. NDP Leader David Eby, warning that it could drive job creators, doctors and other professionals out of the province. B.C. Conservative Party Leader Lorne Doerkson also warned Eby about the proposed tax, saying it could push doctors out of British Columbia at a time when about 323,000 people in the province are still without a family doctor. Doerkson said doctors are already being recruited by Alberta and the United States with better opportunities, and adding another tax would give them another reason to leave

47 South Asian Candidates Contest B.C. Election, More Than Half Running in Surrey

47 South Asian Candidates Contest B.C. Election, More Than Half Running in Surrey

In British Columbia’s 2026 provincial election, 47 candidates of South Asian and Punjabi origin are contesting from 27 different ridings. One of the most notable aspects of this election is that more than half of these candidates are running in the Surrey area. Of the 47 candidates, 28 are representing B.C.’s two major political parties. The B.C. NDP has fielded 16 candidates, while the B.C. Conservatives have 12 candidates. The remaining candidates are running under the Centre BC, B.C. Greens, OneBC and as independents. Meanwhile, Surrey North and Surrey-Newton are the two ridings where o

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

Broadcasting Notice of Consultation

BC Children's Hospital