Skip to Main content

14.25°^C Vancouver

News Entertainment Videos Shows Podcast Contact Us

Ads

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

delays-at-vancouver-international-airport-continue-for-third-day-on-wednesday

CanadaApr 16, 2025

Delays at Vancouver International Airport Continue for Third Day on Wednesday

Delays at Vancouver International Airport, ongoing for the past two days, continue on Wednesday. Both inbound and outbound flights are affected by a shortage of NAV Canada resources, including flight controllers, a situation that began at 3 p.m. on Monday. A spokesperson for Vancouver Airport said that air travel in the region, including at YVR, will continue to be disrupted due to a staffing shortage at the air navigation service provider, NAV Canada. NAV Canada has not provided a timeline for when the issue will be resolved. In the meantime, passengers are advised to prepare for potential c

bank-of-canada-presents-two-economic-scenarios-amid-trade-war-uncertainty

CanadaApr 16, 2025

Bank of Canada Presents Two Economic Scenarios Amid Trade War Uncertainty

The Bank of Canada has presented two possible scenarios instead of precise economic forecasts for the first time since COVID, one of which predicts a deep recession and a possible increase in inflation in Canada. The Bank of Canada has presented two possible scenarios instead of precise economic forecasts for the first time since COVID, one of which predicts a deep recession and a possible increase in inflation in Canada. The bank’s first scenario assumes that if tariffs are withdrawn through negotiations, the economy will only stagnate in the second quarter, after which it will gradually g

canadas-7-billion-pharmaceutical-exports-to-u-s-at-risk-amid-tariff-threat

CanadaApr 16, 2025

Canada’s $7-Billion Pharmaceutical Exports to U.S. at Risk Amid Tariff Threat

Nearly $7 billion in Canadian pharmaceutical exports to the United States could soon be hit by new tariffs, as the White House launches an investigation into the entire pharmaceutical supply chain. The move places Canadian pharmaceutical products at risk of being included in a sweeping round of trade measures. Pharmaceuticals, along with automobiles and electronics, are among the top U.S. imports now facing potential tariffs. US President Donald Trump recently signaled aggressive action, stating that tariffs on pharmaceuticals will reach levels "you've never seen before." In addition to pharm

former-minister-sadhu-singh-dharamsot-released-on-bail

IndiaApr 16, 2025

Former Minister Sadhu Singh Dharamsot Released on Bail

Former Punjab Congress Cabinet Minister Sadhu Singh Dharamsot has been released from Nabha Jail after being granted bail by the Supreme Court in a disproportionate assets case. Although the bail was approved yesterday, his release was delayed due to technical reasons. Dharamsot had been in custody for nearly 14 months. He was arrested by the Enforcement Directorate (ED) over allegations of amassing wealth disproportionate to his known sources of income. According to the ED, during his tenure as Punjab’s Forest Minister from March 2016 to March 2022, Dharamsot declared an income of ₹2.37 c

central-government-must-act-swiftly-on-rajoana-and-other-sikh-prisoners-advocate-dhami

IndiaApr 16, 2025

Central Government Must Act Swiftly on Rajoana and Other Sikh Prisoners: Advocate Dhami

The Shiromani Gurdwara Parbandhak Committee (SGPC) has urged the Supreme Court to direct the Central Government to make an early decision on the petition seeking commutation of Bhai Balwant Singh Rajoana’s death sentence. SGPC President Advocate Harjinder Singh Dhami stated that the Committee will once again write to both the Supreme Court and the Prime Minister's Office, requesting the release of Bhai Rajoana and Bhai Jagtar Singh Hawara. Dhami recalled that Prime Minister Narendra Modi had promised relief for imprisoned Sikhs during the 550th Gurpurab celebrations of Sri Guru Nanak Dev Ji

Ads

Related News

post card alt

Man accused of three sexual assaults on transit faces charges: police

The British Columbia Prosecution Service has approved charges relating to three alleged sexual assaults on Metro Vancouver's transit system. A statement from the region's Transit Police says the first complaint was made in January last year, when a woman on a crowded Canada Line train called police to say that a man had made inappropriate physical contact with her. Then, in April last year, a man was seen standing suspiciously close to a teenage passenger on the Canada Line, and when he leaned into the girl, a witness called police. On a crowded Expo Line train last May, a woman felt someone p

post card alt

Loaded dump truck impounded in B.C. after driver found intoxicated, police say

The British Columbia Highway Patrol says a loaded dump truck is sitting in an impound, while the driver faces allegations of impairment. Officers received a call about the truck being driven dangerously eastbound on Highway 1 through Chilliwack last Wednesday morning. They say two patrol vehicles stopped the truck and officers saw signs the driver was impaired. They say the 64-year-old man faces a 90-day driving suspension and had to be picked up by his wife. His truck will be impounded for 30 days. Police say the Abbotsford-based company that owns the truck will be responsible for towing and

post card alt

B.C. Urges Federal Government to Increase Provincial Nominee Program Quotas

The British Columbia government is calling on the federal government to raise its 2025 allocation under the Provincial Nominee Program (PNP), citing urgent workforce needs. The province reports that it met its 2024 target of 8,000 workers and is now requesting an increase to 11,000 nominees for 2025. However, Ottawa has reduced B.C.’s allocation to just 4,000, a move the province says is undermining its ability to meet labour market demands. The B.C. government argues that a higher quota would enable the province to process the majority of pending applications and accept approximately 1,100

Ads

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

Surrey Nagar Kirtan

BC Children's Hospital