City wants to charge you more to park all over Vancouver, especially if you have a luxury car
From overnight parking fees to extra charges for residents with larger, more expensive cars, the City of Vancouver is proposing to tax residents for parking just about everywhere in the city.
Residents would be charged an overnight fee of $45 a year if they park on the street, and visitors would be charged $3 a night.
The proposal is part of the city’s Climate Emergency Action Plan, designed to lower pollution and encourage people to buy electric vehicles, and residents can give their input on the plan online.
In addition to paying the yearly overnight fee, owners of new cars would be taxed more, depending on what they buy. Buyers of luxury cars, large SUVs and pick-ups purchased after 2023, would be charged $1,000 more per year.
Sporty sedans, as well as smaller and efficient SUVs would be taxed $500 extra a year.
Electric vehicles and hybrids would be exempt from the additional fees, but not the yearly $45 overnight fee. Some small economical gas-engine cars might also be exempt.
“So we’re really hoping people going out and looking at purchasing a new vehicle, are looking at low pollution vehicles,” said Paul Storer, the city’s Director of Transportation.
Residents in permit parking areas, would continue to pay that tax, and then any additional new-car fees, if applicable.
Storer said this is not a done deal. Instead, the public is being asked for input online through July 5.
City staff will then collect that information and submit the findings to mayor and council.
“Ultimately it’s council’s decision on whether to move ahead with all of it, or some of it, or none of it at all,” added Storer.
The city estimates it will raise $60 million over three years under the plan. Staff will suggest revenue be used to build more electric charging stations, sidewalks, curb ramps and more comfortable bike lanes. However it is up to council how that money will be spent.
CTVNews.ca Top Stories
Doctors ask Liberal government to reconsider capital gains tax change
The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors' retirement savings.
Keeping these exotic pets is 'cruel' and 'dangerous,' Canadian animal advocates say
Canadian pet owners are finding companionship beyond dogs and cats. Tigers, alligators, scorpions and tarantulas are among some of the exotic pets they are keeping in private homes, which pose risks to public safety and animal welfare, advocates say.
Prince William and wife Kate thank public for birthday messages for son Louis
Prince William and his wife Kate thanked the public for their messages which had been sent to mark the sixth birthday of their youngest son Louis on Tuesday.
She was the closest she'd ever been to meeting her biological father. Then life dealt her a blow
Anne Marie Cavner was the closest she'd ever been to meeting her biological father, but then life dealt her a blow. From an unexpected loss to a host of new relationships, a DNA test changed her life, and she doesn't regret a thing.
How quietly promised law changes in the 2024 federal budget could impact your day-to-day life
The 2024 federal budget released last week includes numerous big spending promises that have garnered headlines. But, tucked into the 416-page document are also series of smaller items, such as promising to amend the law regarding infant formula and to force banks to label government rebates, that you may have missed.
Fire engulfs old Edmonton municipal airport hangar
A historical hangar at the former Edmonton municipal airport beside the NAIT main campus was on fire Monday night.
RCMP uncovers plot to sell drones and equipment to Libya
The RCMP says it has uncovered a ploy to sell Chinese drones and military equipment to Libya illegally.
Which foods have the most plastics? You may be surprised
'How much plastic will you have for dinner, sir? And you, ma'am?' While that may seem like a line from a satirical skit on Saturday Night Live, research is showing it's much too close to reality.
'Catch-and-kill' strategy to be a focus as testimony resumes in Trump hush money case
A veteran tabloid publisher was expected to return to the witness stand Tuesday in Donald Trump's historic hush money trial.