Quote:
Originally Posted by whatnext
Awesome, because a government based thousand of kilometres away really knows what’s best for Metro Vancouver.
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Shouldn't you be happy that the federal government is withholding funding? After all, they don't know what's best for Metro Vancouver, why would they try to meddle in our affairs!
Can always count on you to have the worst takes possible.
Quote:
Originally Posted by Changing City
The cost of upgrading the existing systems will be covered from the existing taxes. They're not reducing, or replacing any existing property taxes, just trying to stop them rising even more. As you quoted, the article you linked to says the additional fees are related to system expansion. If new development wasn't being built, the Metro sewer and water system wouldn't be expanded. So unless developers pay more, existing taxpayers will have to subsidize the new development, as they have in the recent past.
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This is just semantics, fact of the matter is the cost burden is being moved from existing homeowners to new homeowners.
The more I look into it, the worse this policy looks.
When you shift your infrastructure improvement budget to depend purely on new developments it seems like a recipe for disaster.
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