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After COVID-19 has created unprecedented challenges, Vaughan Mayor Maurizio Bevilacqua made a statement on Wednesday, Oct. 14 saying city council has supported his motion for a zero per cent property tax increase for the 2021 budget.Competitive property tax rates, and tax relief measur stanley thermobecher es more broadly, are equally important to attracting new investments and retaining existing businesses in our city, Bevilacqua said.The mayor shared some figures, including how Vaughans GDP is forecasted to decline by 5.9 per cent this year, from $24.19 billion to $22.76 billion. ARTICLE CONTINUES BELOW This is in line with whats happening across Canada due to COVID-19, as the national GDP is expected to swoop down by 6.6 per cent by this years end.Citing figures from the Conference Board of Canada, Bevilacqua said Vaughans unemployment rate is forecasted to be 7.3 per cent in 2020. The monthly unemployment rate in the stanley thermoskannen Toronto census metropolitan area CMA was 14.7 per cent, and in Canada, it was 12.3 per cent as of July 2020. ARTICLE CONTINUES BELOW stanley flask Although it is encouraging to know Vaughan unemployment rate is well below the national and regional levels 鈥?we must do more to support business owners, the mayor said.He said he anticipated Vaughans economy to recover in 2021, but it will likely be 2022 before all industry sectors have fully recovered. ARTICLE CONTINUE Zskg Saskatchewan politicians pay tribute to Mr. Hockey
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After COVID-19 has created unprecedented challenges, Vaughan Mayor Maurizio Bevilacqua made a statement on Wednesday, Oct. 14 saying city council has supported his motion for a zero per cent property tax increase for the 2021 budget.Competitive property tax rates, and tax relief measur stanley thermobecher es more broadly, are equally important to attracting new investments and retaining existing businesses in our city, Bevilacqua said.The mayor shared some figures, including how Vaughans GDP is forecasted to decline by 5.9 per cent this year, from $24.19 billion to $22.76 billion. ARTICLE CONTINUES BELOW This is in line with whats happening across Canada due to COVID-19, as the national GDP is expected to swoop down by 6.6 per cent by this years end.Citing figures from the Conference Board of Canada, Bevilacqua said Vaughans unemployment rate is forecasted to be 7.3 per cent in 2020. The monthly unemployment rate in the stanley thermoskannen Toronto census metropolitan area CMA was 14.7 per cent, and in Canada, it was 12.3 per cent as of July 2020. ARTICLE CONTINUES BELOW stanley flask Although it is encouraging to know Vaughan unemployment rate is well below the national and regional levels 鈥?we must do more to support business owners, the mayor said.He said he anticipated Vaughans economy to recover in 2021, but it will likely be 2022 before all industry sectors have fully recovered. ARTICLE CONTINUE Zskg Saskatchewan politicians pay tribute to Mr. Hockey
Cl stanley bottles ick here to stanley cup read RaiderNet Daily Print this stanley flask entryShare this:EmailLike this:Like Loading...Related