City of Vancouver presents its 2026 budget

Vancouver City Council will present a proposed $2. 4 billion budget for 2026 on Wednesday, maintaining Mayor Ken Sim’s commitment to freeze property tax increases. The budget aims to protect front-line services while achieving $120 million in savings through revenue optimization and cost-effective service delivery. The Vancouver Police Board is set to receive an operating budget of $525 million, along with funding to cover a $17 million deficit. Utility fees will see an average increase of 4.

2% to fund vital underground infrastructure renewal projects. The capital budget has risen to $894 million, funding key projects like the PNE Amphitheatre renewal and Cambie Bridge seismic upgrades. Over 600 public members and representatives are scheduled to speak during the review process. Council will hold a final debate and vote on the proposals on November 25. This budget reflects the city’s ongoing efforts to balance fiscal responsibility with essential service delivery.