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The Vancouver City Council is considering new taxes — including on commercial parking, streaming entertainment and retail businesses — to help cover the city’s projected $43 million shortfall for the 2025-26 budget and pay for the creation of a 150-bed homeless shelter.
The large deficit will force the city to make budget cuts for the first time in a decade while councilors scramble to find funding for a roughly $22 million bridge shelter in 2025.
