It’s hard to believe it’s almost the end of 2016 – and what a year it’s been! From building thousands of new homes to meeting many of our Greenest City targets, I’m proud of everything we’ve accomplished together this year. We know affordability remains a top concern for many Vancouverites, and we’re struggling with a devastating fentanyl overdose crisis in our city, but we’ve got big plans for at City Hall in 2017. But first, let’s take a moment to celebrate some of the highlights from the past 12 months:
Jobs and the Economy
Today City Council approved Vancouver’s 2017 Budget, which offers a broad range of services using a limited range of revenue sources. The 2017 Budget makes a record investment in affordable housing, provides new funding to improve city services like permits and licensing, and adds targeted funding to address the fentanyl overdose crisis that is putting a huge strain on City police and fire services.
Minister Morneau’s announcement that the federal government will expand infrastructure funding to $186 billion over 11 years – a $66 billion increase over March’s budget - is a welcome one. The new $35 billion Infrastructure Development Bank, and more trade and transportation infrastructure funding to help cities maximize their borrowing capacity is good news for Metro Vancouver.