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Vancouver Budget Balances Books Without Tax Hike

Vancouver city council approved a 2026 budget, which includes a freeze on municipal property taxes. Vancouver City Council has approved a new budget that pledges no increase in property taxes, a move welcomed by many residents facing rising living costs. However, the financial plan comes with significant trade-offs: millions of dollars will be cut from arts programs, park services, and other community initiatives. City officials argue the budget reflects a commitment to fiscal responsibility while easing pressure on households. Critics, however, warn that reductions in cultural and recreational funding could erode the city’s vibrancy and limit access to public spaces. The decision highlights the ongoing challenge of balancing affordability with investment in community life. As Vancouver grows, the debate over how to fund essential services without raising taxes is likely to intensify.
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TTC Strike Averted: Framework Agreement Reached Between Union and Management

 

In a last-minute development, the Toronto Transit Commission (TTC) and the Amalgamated Transit Union (ATU) Local 113 have reached a “framework settlement,” effectively averting a planned strike. The agreement comes after intense negotiations and addresses critical issues such as job security, protections against job outsourcing, and benefits for active members and pensioners.

The TTC’s buses, streetcars, subways, and Wheel-Trans vehicles will operate normally on Friday, providing relief to the city’s 1.3 million transit users. However, the finalized details of the framework remain undisclosed, pending further work and ratification by union members. The mood at the bargaining table has been one of frustration, with the union emphasizing the need for progress and alignment with transit delivery goals.

While the strike has been averted, the TTC’s role in delaying the framework agreement has drawn criticism. Transit riders can breathe a sigh of relief, but the focus now shifts to ensuring a fair and reasonable contract for all parties involved.



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