A prediction: In the future Central Banks will have tools that allow them to target fiscal policy to different metro city-regions across the country. Cooling overheated housing markets in one area while fanning flickering flames in another.
A prediction: In the future Central Banks will have tools that allow them to target fiscal policy to different metro city-regions across the country. Cooling overheated housing markets in one area while fanning flickering flames in another.
Our downtown public realm is in disrepair, its decline the result of recent years of neglect by our City Hall. A budget surplus of $20m + financial assets of $110m is not fiscally conservative, it’s leadership failure to invest. Leadership w/out vision, pride of place, ambition. #ycd #EconomyOfCities
B.C. municipalities had a combined $3.1-billion surplus last year. Why the caution? https://www.cbc.ca/news/canada/british-columbia/bc-municipalities-surpluses-history-1.6699074
That includes surpluses of $583 million in Vancouver, $305 million in Surrey and $432 million in Burnaby — which continues to have the largest financial reserves of any city in the province, at $1.9 billion in net financial assets.
Posts here are by me, Frank Murphy. I’m on Vancouver Island, in Canada’s westernmost province, British Columbia, in a medium-sized (100k) city, #Nanaimo, on the land of #Snuneymuxw, a Coast Salish First Nation. #ycd
#urbandesign #janejacobs #economyofcities #urbanpublicspace #walkablecity 🇺🇦