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Vancouver Budget Balances Books Without Tax Hike

Vancouver city council approved a 2026 budget, which includes a freeze on municipal property taxes. Vancouver City Council has approved a new budget that pledges no increase in property taxes, a move welcomed by many residents facing rising living costs. However, the financial plan comes with significant trade-offs: millions of dollars will be cut from arts programs, park services, and other community initiatives. City officials argue the budget reflects a commitment to fiscal responsibility while easing pressure on households. Critics, however, warn that reductions in cultural and recreational funding could erode the city’s vibrancy and limit access to public spaces. The decision highlights the ongoing challenge of balancing affordability with investment in community life. As Vancouver grows, the debate over how to fund essential services without raising taxes is likely to intensify.
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Steps to Improve Your Credit Score


 Improving your credit score requires a combination of responsible financial habits and diligent monitoring of your credit report.

1. Pay your bills on time, as timely payments account for a significant portion of your credit score. 

2. Reduce your credit card balances and try to maintain a low credit utilization ratio, as high credit card debt relative to your credit limit can negatively impact your score. 

3. Avoid opening too many new credit accounts at once, as multiple inquiries within a short period can signal increased risk to lenders. 

4. Regularly review your credit report for errors and dispute any inaccuracies you find.

5. Demonstrate a mix of credit types, such as a combination of credit cards, loans, and installment accounts, to showcase your ability to handle diverse financial responsibilities. 

Consistently following these practices will gradually boost your credit score over time.


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