Skip to Main content

22.07°^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

45-year-old man feared drowned in Okanagan Lake after falling from inflatable tube

A 45-year-old man is feared drowned after falling into Okanagan Lake while riding an inflatable tube being towed behind a boat, according to West Kelowna RCMP. Police said the incident happened Saturday afternoon when the man lost his balance and fell into the water. Investigators said he was not wearing a life jacket and struggled to stay afloat after entering the lake. According to RCMP, the boat operator jumped into the water in an attempt to rescue the man but was unable to reach him. The operator was later rescued by another boater who was passing through the area. A dive team has been de

calgary-landlord-charged-after-alleged-hidden-cameras-found-in-tenants-bedrooms-and-bathrooms

AlbertaJul 13, 2026

Calgary landlord charged after alleged hidden cameras found in tenants' bedrooms and bathrooms

Calgary police have charged a 41-year-old landlord after tenants allegedly discovered hidden cameras inside bedrooms and bathrooms at a southwest Calgary home. According to the Calgary Police Service, a tenant reported on June 7 finding a small camera concealed inside a surge protector in a bathroom and another camera attached to a smoke detector in a bedroom. After informing other tenants, they also located similar hidden cameras in their rooms and contacted police. Investigators executed a search warrant on June 12 at a home in the 200 block of Springborough Way S.W., where they seized sever

vancouver-police-seek-witnesses-after-unprovoked-assault-at-marpole-bus-stop

Vancouver police seek witnesses after unprovoked assault at Marpole bus stop

Vancouver Police are asking the public for information after a man was allegedly assaulted without provocation while waiting at a bus stop in the Marpole neighbourhood last week. According to a Vancouver Police Department news release, the incident occurred at about 9:25 a.m. on July 7 near Southwest Marine Drive and Ash Street. Investigators say the victim was waiting for a bus when a man approached from behind, pushed him and pulled the headphones from his head. Police allege the suspect then struck the victim several times with a longboard-style skateboard. The victim was able to flee the a

nearly-150-residents-displaced-after-apartment-fire-in-new-westminster

Nearly 150 residents displaced after apartment fire in New Westminster

Nearly 150 residents were displaced after a fire damaged an apartment building in New Westminster on Friday, with firefighters continuing suppression efforts through the weekend to extinguish remaining hot spots. According to New Westminster Fire and Rescue Services, crews responded to a fire at Pinecrest Manor, located at 905 Fourth Ave., at about 1:30 p.m. Firefighters used ladders to rescue several residents from their balconies as the blaze spread through the building. Officials said the roof above the main entrance was destroyed, and part of the structure collapsed. Mayor Patrick Johnston

alberta-ottawa-and-major-oil-producers-sign-mou-to-advance-pathways-carbon-capture-project

AlbertaJul 13, 2026

Alberta, Ottawa and major oil producers sign MOU to advance Pathways carbon capture project

The Alberta government, the federal government and five major oil producers have signed a memorandum of understanding (MOU) to advance the multi-billion-dollar Pathways Carbon Capture and Storage (CCS) project, according to the governments involved. The agreement outlines a framework for collaboration on one of Canada's largest proposed carbon capture initiatives. According to the Alberta government, the MOU establishes shared objectives aimed at supporting Canada's economy while reducing greenhouse gas emissions. The project is designed to capture carbon dioxide from industrial operations and

Related News

45-year-old man feared drowned in Okanagan Lake after falling from inflatable tube

45-year-old man feared drowned in Okanagan Lake after falling from inflatable tube

A 45-year-old man is feared drowned after falling into Okanagan Lake while riding an inflatable tube being towed behind a boat, according to West Kelowna RCMP. Police said the incident happened Saturday afternoon when the man lost his balance and fell into the water. Investigators said he was not wearing a life jacket and struggled to stay afloat after entering the lake. According to RCMP, the boat operator jumped into the water in an attempt to rescue the man but was unable to reach him. The operator was later rescued by another boater who was passing through the area. A dive team has been de

Vancouver police seek witnesses after unprovoked assault at Marpole bus stop

Vancouver police seek witnesses after unprovoked assault at Marpole bus stop

Vancouver Police are asking the public for information after a man was allegedly assaulted without provocation while waiting at a bus stop in the Marpole neighbourhood last week. According to a Vancouver Police Department news release, the incident occurred at about 9:25 a.m. on July 7 near Southwest Marine Drive and Ash Street. Investigators say the victim was waiting for a bus when a man approached from behind, pushed him and pulled the headphones from his head. Police allege the suspect then struck the victim several times with a longboard-style skateboard. The victim was able to flee the a

Nearly 150 residents displaced after apartment fire in New Westminster

Nearly 150 residents displaced after apartment fire in New Westminster

Nearly 150 residents were displaced after a fire damaged an apartment building in New Westminster on Friday, with firefighters continuing suppression efforts through the weekend to extinguish remaining hot spots. According to New Westminster Fire and Rescue Services, crews responded to a fire at Pinecrest Manor, located at 905 Fourth Ave., at about 1:30 p.m. Firefighters used ladders to rescue several residents from their balconies as the blaze spread through the building. Officials said the roof above the main entrance was destroyed, and part of the structure collapsed. Mayor Patrick Johnston

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

Broadcasting Notice of Consultation

BC Children's Hospital