The Metro Vancouver Regional District has approved a staff plan to reduce the taxes it charges to residents in the next two years after a spending review.
Metro Vancouver is comprised of 21 municipalities, one electoral area and one First Nation, and it co-ordinates regional services like sewage, drinking water and regional parks.
The regional district has come under a lot of scrutiny recently — especially after the North Shore Wastewater Treatment Plant fiasco, where the cost of a new plant was forecast at $700 million, but ballooned more than five times higher to $3.86 billion following a series of problems.
Metro Vancouver’s board of directors approved a staff spending review on Wednesday that changes when some projects will be delivered, and reduces spending on capital infrastructure and consulting services, among other things.
WATCH | Metro Vancouver cuts spending: Metro Vancouver has unanimously approved asking staff to create a new financial plan for the years 2026 through 2030. It comes with challenges though, as it …