1) secure in their jobs
2) have taken into account possible increases in taxes.
Vancouver City council is looking at job cuts and increased taxes to try and deal with huge budget short-falls. These job cuts will be in full time City Hall positions and even police and fire-fighter positions. Not good.
http://www.theglobeandmail.com/news/national/british-columbia/job-cuts-likely-option-to-balance-vancouver-budget/article1363298/
http://www.vancouversun.com/news/City+Vancouver+looks+cutting+staff+close+budget+shortfall/2220380/story.html
What happens after the Big corporate party/ Nationalistic medal struggle AKA the Olympics? What sort of shape will the Provincial and City budgets be in then??
Don't expect to find out until well after the Olympics. You will remember how we had a projected balanced and then a small deficit from the Provincial Government until AFTER the election, when the truth about the deficit emerged.
..................................................
BTW if the answer to 1) and 2) above is no...or not sure, then at least make sure you have a CHMC insured mortgage so we can all be on the hook when you walk...
