welcome
Global News

Global News

Business

Business & Economics

Metro Vancouver to slash $364M in operating costs, $1.1B in capital spending - BC | Globalnews.ca

Global News
Summary
Nutrition label

69% Informative

Metro Vancouver’s board has approved a plan to slash $364 million in operating costs and $1.1 billion in capital spending over the next four years .

It comes as homeowners face big tax hikes due to cost overruns on the North Shore Wastewater Treatment plant and scrutiny over spending on travel and events.

The plan will see the district postpone some capital projects, while finding operating savings through spending cuts and resource optimization.

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.