logo
Paid parking now permanent at Vancouver's Spanish Banks, with rate increase

Paid parking now permanent at Vancouver's Spanish Banks, with rate increase

CBC17-06-2025
Social Sharing
Paid parking is now a permanent fixture at Vancouver's Spanish Banks following a 12-month pilot project, with the hourly rate rising from $1 to $1.50.
The motion that passed at Monday's Vancouver Park Board meeting also asked that seasonal pricing be offered in the off-season, although it remains to be determined what the off-season rate will be and when it will take effect.
The pilot project faced public backlash when it was proposed last year. A petition asking the board to reconsider its plan received more than 1,000 signatures.
Spanish Banks, located in Vancouver's Point Grey neighbourhood, was the last beach in Vancouver to have free parking.
The pilot project followed a previous effort by the board to implement pay parking in 2018, which was shot down following public backlash.
WATCH | Beachgoers in 2024 react to potential pay parking at Spanish Banks:
'Better off free': beachgoers react to potential pay parking at Spanish Banks
1 year ago
Duration 0:40
Spanish Banks is the last beach in Vancouver to have free parking — but the Vancouver Park Board may end that. Now, a petition has been launched to try to keep pay parking away from the popular beach in West Point Grey.
The pilot project, which ran from July 2024 to May 2025, generated around $168,000 in revenue, according to a report by city staff.
Jas Virdi was one of two park board commissioners who voted against the motion.
"This was that one last place in Vancouver that everyone could enjoy," Virdi said during Monday's meeting.
"It was very low barrier, it was a place for families to come out and enjoy it for free. And there's not much that's free for children and our seniors these days."
Commissioner Tom Digby argued that charging for parking will help recoup maintenance costs for the area, including the recent multimillion-dollar project to restore Canyon Creek and costs to maintain dog parks.
"The 90 per cent of the people in the city that don't go to Spanish Banks, I think that they need to know that there's a fairness across the city," Digby said.
"The people that go to Spanish Banks get the benefit of a wonderful park and one of the most unique and stunning off-leash areas in the world."
The new rate will go into effect in the next few weeks.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bank of Canada widely expected to hold key rate steady amid trade uncertainty
Bank of Canada widely expected to hold key rate steady amid trade uncertainty

CTV News

time13 minutes ago

  • CTV News

Bank of Canada widely expected to hold key rate steady amid trade uncertainty

The Bank of Canada is set to deliver an interest rate decision on Wednesday. Bank of Canada Governor Tiff Macklem is seen during a news conference, in Ottawa, Wednesday, June 4, 2025. THE CANADIAN PRESS/Adrian Wyld OTTAWA — Avery Shenfeld doesn't think the Bank of Canada will cut its benchmark interest rate at its decision on Wednesday, but if it does, he said it will be a 'pleasant surprise.' 'There's always a chance that they'll surprise with the rate cut,' the chief economist of CIBC said. 'But I'm not holding out that much hope.' Most economists are also expecting the Bank of Canada will hold its policy rate steady at 2.75 per cent for a third consecutive decision later this week. As of Friday afternoon, financial markets were placing odds of a quarter-point rate cut on Wednesday at just seven per cent, according to LSEG Data & Analytics. Stubbornness on the inflation front and surprise strength in the labour market have quashed arguments for further easing since the central bank's June decision. The Canadian economy gained an unexpected 83,000 jobs in June, Statistics Canada reported earlier this month, driving the unemployment rate lower for the first time since January. A few days later, StatCan reported annual inflation ticked up to 1.9 per cent last month while the Bank of Canada's closely watched core inflation figures held stubbornly around three per cent. 'Overall, sticky inflation readings, a weakening but relatively resilient economic backdrop and prospects for larger fiscal spending are reasons why we do not expect the BoC will cut again in this cycle,' RBC economists Claire Fan and Abbey Xu wrote in a note Friday. But Shenfeld's call for a lower policy rate — CIBC expects two more quarter-point drops before the Bank of Canada is done — isn't based on what's happened in the economy, it's about what's on the horizon. Outside of the June jobs jump, the labour market is still broadly weak with the unemployment rate at 6.9 per cent, Shenfeld noted. He also expects Canada's tariff dispute with the United States led to an economic contraction in the second quarter of the year. All told, there's enough 'slack' building in the economy to take steam out of inflation in the months to come, Shenfeld said. The Bank of Canada's own second-quarter business outlook survey released last week suggests that many firms are opting to absorb higher costs from tariffs, rather than pass them on to consumers who may be reining in spending amid economic uncertainty. Shenfeld said that's a sign that tariff impacts 'won't extend into a more persistent inflation issue.' He said that once the central bank gains enough confidence that any tariff-induced inflation pressures will be short-lived, monetary policymakers should feel confident enough to lower interest rates. 'I think at this point they know enough to rule out the worst-case scenario on trade,' Shenfeld said. Bank of Canada governor Tiff Macklem has explicitly said monetary policymakers are being less forward-looking than usual in the trade war. The central bank didn't publish a traditional forecast for the economy in its April monetary policy report, instead offering two scenarios for how tariffs could hit the economy. Jimmy Jean, chief economist at Desjardins, said he believes the Bank of Canada will have gathered enough clarity on the trade front to return to formal forecasts in this week's MPR. 'The uncertainty is there for everyone to recognize. But there's a point where you've got to sort of, stick your neck out and make the proper caveats,' Jean said. Tariff deadlines continue to hover over the Bank of Canada's head — U.S. President Donald Trump has threatened to levy tariffs of 35 per cent on Canadian imports starting Friday if a trade deal isn't reached before then, though CUSMA-compliant goods are expected to be exempt from the duties. Some forecasters, including RBC, expect the Bank of Canada is already done rate cuts and will turn the job of stimulating the economy through the trade war over to federal and provincial governments. While Jean also believes the central bank will opt to hold rates again on Wednesday, he said the bank's next decision in September is an 'open possibility' for a cut. Trump's sectoral tariffs targetting Canada's steel, aluminum and copper industries are of particular concern for Ontario and Quebec, Jean said. If those tariffs are sustained, he argued more rate cuts from the Bank of Canada will be warranted to cushion the economic hit. In addition to some sector-specific relief, the federal government has moved in recent months to ramp up Canada's defence and infrastructure funding — spending that could offer fiscal, rather than monetary, support for the economy. But Jean said Desjardins is expecting that lift to come over the ensuing years, not months, opening a window for the Bank of Canada to lower rates in the near-term. 'We think, despite those measures being in the pipeline, the Bank of Canada will still in September have a valid reason to cut interest rates,' he said. This report by The Canadian Press was first published July 28, 2025. Craig Lord, The Canadian Press

The state of Canadian tourism in the ‘elbows up' moment
The state of Canadian tourism in the ‘elbows up' moment

Globe and Mail

time13 minutes ago

  • Globe and Mail

The state of Canadian tourism in the ‘elbows up' moment

Travel to the U.S. has plummeted ever since President Donald Trump started talking about annexing Canada and imposing tariffs on us. Politicians on this side of the border are embracing the moment, encouraging people to take trips closer to home. So how is it all working out for Canadian tourism? The Globe's Jason Kirby, who writes for the Report on Business, joins us to talk about what this summer looks like for Canada's travel sector. Questions? Comments? Ideas? Email us at thedecibel@

‘Trump respects strength': Ex-White House official says Canada must hold firm in trade talks
‘Trump respects strength': Ex-White House official says Canada must hold firm in trade talks

CTV News

time13 minutes ago

  • CTV News

‘Trump respects strength': Ex-White House official says Canada must hold firm in trade talks

Canadian and American flags fly near the Ambassador Bridge at the Canada-USA border crossing in Windsor, Ont. on Saturday, March 21, 2020. THE CANADIAN PRESS/Rob Gurdebeke The United States has agreed on a trade framework with the European Union, but Canada is still without a deal and could face the threat of steep new U.S. tariffs as early as Friday. U.S. President Donald Trump and European Commission President Ursula von der Leyen announced an agreement Sunday that sets a 15 per cent tariff on most goods traded between the two economies. It is the latest in a series of agreements the U.S. has signed with allies including Japan, the U.K., and Vietnam. Canada, meanwhile, remains under the threat of 35 per cent tariffs on exports, if an agreement isn't reached by Trump's Aug. 1 deadline. The country is already facing U.S. levies on steel, aluminum, and automobiles. New tariffs on copper are expected to kick in next. Former White House official Larry Haas says Ottawa has reason to be concerned. 'The tone between the United States and Canada is a lot more negative than the tone seems to be between the United States and the EU,' Haas said during an interview with CTV News Channel on Sunday. 'I think both countries... are preparing for the very strong possibility that we're going to get tariffs.' Haas said the deadline could still shift, depending on economic signals. 'Trump has backed away from other deadlines when it came to tariffs,' he said. 'If we approach August 1 and these tariffs are looming, and the stock market all of a sudden becomes shaky, I could envision another extension.' Canada has taken steps to respond to U.S. pressure, including boosting border inspections and cancelling a digital services tax. Still, Haas says the Canadian government faces a difficult negotiating environment. 'President Trump respects strength as opposed to weakness,' he said. 'Canada needs to make clear to the United States that it's not going to take just any deal.' Haas said tariffs are not a 'formula for long-term economic growth,' but not 'Canadian officials or anyone else is going to talk President Trump out of his fondness for tariffs.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store