Metro Vancouver Selina Robinson Housing Support Coronavirus Metro Vancouver Selina Robinson

B.C. government COVID-19 plan falls short of local governments’ pleas

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The B.C. government is providing some support for local governments but it falls well short of what Metro Vancouver mayors were asking for.

Municipal Affairs Minister Selina Robinson announced the B.C. government is addressing cash flow and revenue shortfalls by authorizing local governments to borrow, interest-free, from their existing capital reserves to help pay for operating expenses, such as employee salaries.

The measures also include delaying provincial school tax remittances until the end of the year and providing local governments greater flexibility to carry debt for an additional year. “The COVID-19 pandemic is having significant financial impacts on all levels of government.

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