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Vancouver considers series of fee hikes on everything from parking to business licences

Vancouver considers series of fee hikes on everything from parking to business licences

CTV
Thursday, September 07, 2023 05:07:06 PM UTC

The cost of living in the City of Vancouver could be climbing yet again as city council considers a proposal to raise a host of fees.

The cost of living in the City of Vancouver could be climbing yet again.

Council is considering a slew of new fees on everything from parking permits to ride-hailing costs.

City staff suggest the price hikes could alleviate pressure on property taxes.

Homeowners were hit with a nearly 11 per cent tax hike this year.

A report from the director of finance proposes a host of higher fees.

Among the recommendations is a nearly 50 per cent hike to business licenses.

The cost of short-term rental licences could more than quadruple from $110 to $450 a year.

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