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Investor relations

We are a regular and consistent issuer in the debt market to support capital projects. Ask your financial institution about investing in City of Vancouver debentures.

Why you should invest in Vancouver

One of Canada's largest thriving and diverse economies
Consistently ranked one of the world’s most liveable cities
North America's 3rd-largest film and TV production centre
Regional transportation hub
Tech and digital industry hub
Global gateway on the Pacific Rim

Credit ratings

Aaa (stable)
Moody's Investors Service

AAA (stable)
S&P Global Ratings

Our credit ratings continue to be among the best municipal ratings in Canada. This makes our debentures an attractive investment in both domestic and international markets.

Green Bond Program

The Green Bond Program further supports our efforts to promote and support environmental and socially-responsible goals and objectives. It also aligns with our financing and investment activities to help advance a low-carbon, climate-resilient future.

Under the Green Bond Framework, net proceeds from Green Bonds will be used to finance Council-approved capital projects that we determine to benefit the environment.

Our first issue of the new Green Bond Program will occur in 2018, likely in the fall, as we watch the markets for the best time to issue.

General Debenture Program

In the past decade, the City of Vancouver has continued to be a consistent debenture issuer. Under the Vancouver Charter, we are directed by the following regulations:

  • Debt financing is used for capital infrastructure
  • Voters approve all other borrowing limits except for water, sewer, and neighbourhood energy

Debt servicing is funded from annual operating budgets with annual sinking fund contributions.

We are the only municipality in British Columbia that manages our own borrowing program outside of the Municipal Finance Authority of British Columbia (MFABC).

Pursuant to City Council’s authority as set out in the Vancouver Charter, the City borrows in its own name and manages its debenture portfolio with full autonomy over the following:

  • Timing, amounts, and terms and conditions of the debenture issues
  • Management of the sinking funds accumulated against City of Vancouver debentures

Financial and budget reports

Budgets and finances

Annual capital and operating budgets, 4-year capital plans, annual financial reports, and quarterly reviews.

Capital planning

Our capital plan is a four-year financial plan for investments in our city's infrastructure.

Financial reports and information

Quarterly financial reports, annual financial reports, and statements of financial information.


Tim Leung
City Treasurer

Anthony Tia
Capital Markets Senior Analyst

Treasury Services
City of Vancouver
453 West 12th Avenue
Vancouver, BC V5Y 1V4

City Council

City Leadership Team