Instead of a shortfall, a surplus. Here's the latest from the Vancouver School Board's budget. Back in February, trustees initially projected the 2012-2013 budget would be 14 million dollars short, though they did suspect a surplus in the current budget. Now they've got the financial statements for the last fiscal year, ending in June. And they … [Read more...]
Vancouver police under budget in second quarter
September 8, 2012 by
The Vancouver Police Department has released its second quarter operating results – and they’re looking good. At the halfway point of the fiscal year, the VPD is under budget by $ 453,000. The department projects it will arrive under its $ 213-million annual budget by about a slim $ 100,000 at year’s end. It expects to spend … [Read more...]
“Gatsby” Delay For Music Or Budget?
August 19, 2012 by
When Baz Luhrmann's big-budget film adaptation of "The Great Gatsby" was pushed back six months from this Christmas to mid-2013, speculation quickly arose about the real reasoning. The move has essentially negated the film's awards chances but does give the film a potential wider visibility. Appearing at a Samsung launch party this week, Luhrmann … [Read more...]
BC’s Finance Minister says province on track for a surplus budget
August 7, 2012 by
While the next budget is months away BC's Finance minister sees a glimmer of hope in the direction the provincial economy is taking. When asked if the economy is improving enough to see some flexibility come next springs budget Kevin Falcon said. "Well I think the good news coming out of public accounts that I reported out in July … [Read more...]
“The Lone Ranger” Budget Issues Again
June 14, 2012 by
Almost a year ago Disney shut down pre-production on "The Lone Ranger" until those involved could reign in the budget from $ 250 million to a more economical $ 215 million. As a result the key players involved cut action sequences and their own upfront fees, but it did get the production going again and filming began late February in New … [Read more...]
Protest planned at Moore’s Port Moody office over Tories’ omnibus budget bill
June 2, 2012 by
Protests against the Harper government's omnibus budget bill are being held across the country. Here in the Lower Mainland, demonstrators gathered at Heritage Minister James Moore's office in Port Moody. Critics have condemned Bill C-38 for lumping together more than 70 pieces of legislation, including changes to the fisheries act and environmental … [Read more...]
Translink: Sell holdings to help the budget
May 22, 2012 by
Translink is looking at selling off some of its own assets to address a funding gap after a meeting with the Mayors Council on Regional Transportation. Vice-Chair and Langley City Mayor Peter Fassbender says the feeling is the transit utility will come up short in trying to make up 30-million dollars. Fassbender says Transportation … [Read more...]
Librarians leaflet as protest over budget cuts
May 9, 2012 by
A group of angry Vancouver library workers staged a leaflet campaign outside the International Writers Festival (tonight), protesting an almost 500-thousand dollar operating budget cut. CUPE-391's Alexandra Youngberg says the cuts will mostly affect reference services, "We're the only union that is facing a lawyer at the bargaining table. … [Read more...]
2012 Federal Budget Discussion: Impact to the SR&ED Tax Credit Program
April 7, 2012 by
Background On March 29th, the Canadian government is scheduled to release the 2012 Federal Budget and with it, widely anticipated changes to the Scientific Research and Experimental Development (SR&ED) tax credit program. This roughly $ 4 billion annual allocation is subject to significant changes that will broadly affect Canadian companies that … [Read more...]
City Council approves 2012 Budget
March 6, 2012 by
The City of Vancouver has passed its 2012 Operating Budget and residents will see a tax increase of 2.8 percent. Councillor Raymond Louie says the budget increases funding for libraries, parks and the police, arguing the tax increase is in-line with the rest of the region, "The increase for our residential homeowners is after the final … [Read more...]
