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The City’s investments

Name: Vancouver investments 2023: $477M of capital additions
Creator: City of Vancouver
License: https://www.etalab.gouv.fr/licence-ouverte-open-licence

$477M

added in to its buildings, infrastructure, land and equipment

$657 per resident · $730M capital budget adopted for the year

+4.7% on 2022

Year by year

$346M in 2018 · $894M in 2026

Click a year to see its amount.

Hatched: 2026, the adopted budget.

The 2023 capital budget, by service

Click a service to see its programs.

Water, sewers & drainage24% of the budget$172M Streets21% of the budget$156M Housing18% of the budget$133M Parks & public open spaces6.5% of the budget$47.2M Community facilities4.8% of the budget$34.8M Technology4.8% of the budget$34.8M Waste collection, diversion & disposal4.3% of the budget$31.7M Public Safety3.4% of the budget$25.0M Childcare3.2% of the budget$23.7M Renewable energy3.1% of the budget$22.8M Arts, culture & heritage3% of the budget$21.6M Civic facilities & equipment2.5% of the budget$18.4M Emerging priorities, contingency & project delivery1.2% of the budget$8.6M

The largest programs in the 2023 budget

596 programs carry a 2023 expenditure budget.

Click a line to open its page.

Granville North LoopsStreets · Building a resilient network$22.0M 2019-2022 Housing Land AcquisitionHousing · Land acquisition$21.3M 2023 Distribution Main replacementWater, sewers & drainage · Potable water$20.0M Vancouver Affordable Housing Agency - New Rental Housing UnitsHousing · Land acquisition$16.7M 2023-2026 Grants to support new or redeveloped Partner unitsHousing · Non-market housing$16.0M Granville Bridge GreenwaysStreets · Building a resilient network$11.7M 2019-2022 Community Housing Incentive programHousing · Non-market housing$11.5M 2019-2022 Growth-Related Utility upgrades - SewerWater, sewers & drainage · Rainwater & sanitary water$11.3M

The 32 next ones

How the 2023 new projects are funded

$581M of new multi-year project budgets.

Borrowing (debt)$180M

Pay-as-you-go (tax and fees)$168M

Development reserves (CAC, DCL…)$109M

Tax- and fee-funded reserves$68.6M

Partner contributions$40.8M

Connections & servicing$15.0M

Understand

Two measures: what was added, what was adopted

The number is the City’s capital additions: what it added to its buildings, infrastructure, land and equipment in a finished year, as printed in the five-year statistical review of its Statement of Financial Information (2018–2025), which the City marks unaudited.

The services and programs come from the capital budget: what Council adopts to spend on capital projects in a year, from the capital budget file the City publishes for each year (2021–2026). The two measures are not the same and are never added together.

The City’s review does not print capital additions for 2026 yet: for that year the number is the adopted budget, hatched on the rail.

Where is the money spent?

The capital budget files give each program a service, not an address. 16 of the 1,096 places on the Places page carry capital budget lines, where a program’s name cites the place. Places ›

Names that changed between budgets

The 2023-2026 Capital Plan renamed the services of the 2019-2022 plan, and some budget files spell a service their own way. This page shows each service under the name the 2023-2026 plan gives it, through a reviewed list with a reason for each name.

Programs are sometimes spelled differently from one budget file to the next (a typo, an abbreviation, a word added): 86 programs are followed across those spellings after review, and each year keeps the name it printed.

The Capital Plan

The 2023-2026 Capital Plan is the envelope the yearly capital budgets draw from. It started at $3.49B; as revised it stands at $3.96B, of which $706M is delivered in kind by developers. 2023-2026 Capital Plan and 2026 Capital Budget with proposed four-year Capital Plan allocations ↗

The 2023 budget draws on the 2023-2026 Capital Plan.

Where do these numbers come from?

Capital additions: the five-year statistical review of the City’s Statement of Financial Information, which the City marks unaudited. Capital budgets and the Capital Plan: the files the City publishes on its open-data portal, one per budget year.

Statement of Financial Information 2025 ↗ · Capital budget file 2023 ↗ · CSV 2023 ↗ · investments.json ↗ · Sources and method →

Next sectionWho gets paid1,882 named payees in 2023, suppliers and grant recipients$1.15B

Sources: City of Vancouver, Statement of Financial Information (five-year review, unaudited); capital budget files and Capital Plan.

The 2023 capital budget, by service

The largest programs in the 2023 budget

How the 2023 new projects are funded

Understand

See also