Skip to Main content

25.83°^C Vancouver

News Entertainment 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

b-c-minister-bowinn-ma-tells-of-frightening-incident-at-her-constituency-office

B.C. minister Bowinn Ma tells of 'frightening' incident at her constituency office

British Columbia's Infrastructure Minister Bowinn Ma says there was a "frightening" security incident at her constituency office in North Vancouver early Friday. Ma says in a statement that all meetings and appointments at the office have been cancelled for the day. Her statement says that thankfully, nobody was injured, and she appreciates the concern expressed by community members. Ma doesn't describe the incident and says due to an active police investigation, she won't be able to provide more details about what happened. She says she wants to thank the officers who responded to the inciden

trump-terminating-trade-talks-with-canada-over-digital-tax

WorldJun 27, 2025

Trump 'terminating' trade talks with Canada over digital tax

U-S President Donald Trump says he is immediately ending all trade talks with Canada. The sudden termination is over Canada's plan to go ahead with its digital services tax on big U-S tech companies that do business here. The tax is set to take effect Monday but would be retroactive for the past three years, leaving U-S companies with atwo-billion-dollar U-S bill due at the end of the month. Trump says Washington will notify Canada about new tariff rates within the next week.

surrey-sikh-games-canada-2025-begin-at-tamanawis-park

Surrey: Sikh Games Canada 2025 begin at Tamanawis Park

The Sikh Games Canada in Surrey began yesterday, June 26th. During the first days games, some interesting field hockey competition was witnessed in the under-10 category. Although the senior teams had also taken to the field this morning. The event, which started on Thursday, has not only the competition of different categories of field hockey as its main attraction, but also soccer, wrestling, volleyball, Gatka event, cultural performances etc. are also attracting people.Organizers say that this event, which started as a field hockey tournament in 2008, has now become one of the largest multi

canada-may-cut-student-visas-further

CanadaJun 27, 2025

Canada may cut student visas further

The Canadian government may cut student visas further. Immigration Minister Lina Diab is set to launch a consultation on immigration targets this summer, with a focus on student visas. This comes after the federal government last year announced a cap on study permits and a gradual reduction in the number of student visas. A spokeswoman for Immigration, Refugees and Citizenship Canada says the government expects schools to only accept students they can support by providing housing and other services. Meanwhile, the main opposition Conservatives are already in favor of this cut, with the pa

big-trade-deal-to-be-signed-soon-between-washington-and-new-delhi-trump

WorldJun 27, 2025

Big trade deal to be signed soon between Washington and New Delhi: Trump

US President Donald Trump says that a big trade deal is going to be signed soon between Washington and New Delhi. He said this at the White House. Trump said that recently America has signed a trade deal with China and now a big trade deal is going to be signed with India as well. He said that everyone wants to deal with us. Trump said that we will have a very big deal with India. The President also said that the White House will not make a deal with every country. Trump said that to some we are just going to send a letter saying thank you very much, you will have to pay 25 to 45 percent t

Related News

B.C. minister Bowinn Ma tells of 'frightening' incident at her constituency office

B.C. minister Bowinn Ma tells of 'frightening' incident at her constituency office

British Columbia's Infrastructure Minister Bowinn Ma says there was a "frightening" security incident at her constituency office in North Vancouver early Friday. Ma says in a statement that all meetings and appointments at the office have been cancelled for the day. Her statement says that thankfully, nobody was injured, and she appreciates the concern expressed by community members. Ma doesn't describe the incident and says due to an active police investigation, she won't be able to provide more details about what happened. She says she wants to thank the officers who responded to the inciden

Surrey: Sikh Games Canada 2025 begin at Tamanawis Park

Surrey: Sikh Games Canada 2025 begin at Tamanawis Park

The Sikh Games Canada in Surrey began yesterday, June 26th. During the first days games, some interesting field hockey competition was witnessed in the under-10 category. Although the senior teams had also taken to the field this morning. The event, which started on Thursday, has not only the competition of different categories of field hockey as its main attraction, but also soccer, wrestling, volleyball, Gatka event, cultural performances etc. are also attracting people.Organizers say that this event, which started as a field hockey tournament in 2008, has now become one of the largest multi

B.C.'s Interior health authority confirms additional measles cases

B.C.'s Interior health authority confirms additional measles cases

British Columbia's Interior health authority says it has confirmed additional cases of measles in the region spanning the province's southern Interior. A statement from Interior Health says communities in the region with confirmed cases now include Kamloops, Kelowna, Salmon Arm and the Nelson area. The update comes after the health authority issued a statement on Tuesday saying it had confirmed a single measles case in Kamloops. The cases this week follow an announcement on June 17 that a visitor to B.C. who had measles had travelled throughout the Interior while infectious. At the time, there

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital