Vancouver councillor opposes ‘huge’ budget hike for affordable rentals in Burnaby

Vancouver city councillor Peter Meiszner expressed discomfort over the significant budget increases for two Metro Vancouver rental projects in Burnaby, citing lack of information to support the increases. The projects' costs have doubled their original estimates due to design changes and construction cost escalations. Meiszner voted against the budget increase, but the projects passed the committee stage. The Metro Vancouver board will discuss and vote on the budget increases at the end of the month.

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