Job losses and cuts to programs are coming as the City of Vancouver pushes ahead with its zero per cent property tax increase. Mayor Ken Sim and his ABC councillors have voted as promised, after a series of sharp increases over the past three years. The tax freeze has the support of Greater Vancouver Board of Trade and several other business improvement and hospitality groups. Meanwhile, The price tag for a new amphitheatre at the PNE has almost tripled to $184M. The City blames the huge cost increase on rising construction prices, building materials and challenging ground and soil conditions. It’s hoped the outdoor theatre will be ready in time to host some events connected to Vancouver’s portion of the FIFA World Cup.
