"2. Council unanimously approved a motion calling on staff to renew the 10-year old bicycle plan as part of a new city transportation plan, with an emphasis on segregated bike lanes as the new standard for bike infrastructure."
Excellent news. Eventually (i.e. with 5-10 years, I think) we're going to get to a point where we basically have "enough" bikeroutes, in the sense that no matter where one is in the city, there's an E-W and N-S route very close by. At that point, the name of the game is basically improving the quality of them.
If we really want to see cycling become popular in Vancouver, and have it's mode share increase to 10% or more, it's going to coming from your average Joe with an old 10 speed in his garage, not the guy who wears spandex as a second skin (that type of person will always be a limited subset of society). Safety seems to be a major sticking point for would-be cyclists, and most people aren't going to be comfortable riding on lanes like the ones on Burrard downtown.
What I would like to see on the busier streets is something like this:
Source: Habfanman on SSC
It's amazing what a couple feet of concrete will do for perception of safety.
On side streets, I'd like to see instances where half the road width is taken over, to create a full greenway with a full bike ROW, rather than just a couple bikeroute signs and bike crossing signals. Expand the sidewalk a bit wider, build a 3m or thereabouts bike path, and use the rest for landscaping, with benches, fountains, maps etc. Something similar to the Central Valley Greenway between Victoria and Slocan. I think this would work very well on many North-South bike routes; most houses in Vancouver have their front doors along an East-West street, so it's not like you're taking any overly needed parking space, because the only people you're affecting are corner lots, who should already have parking spaces out front. Plus, I'm only suggesting taking half the road width, so you can turn it into a one way street, and have a thru-lane and one lane of parallel parking (most sidestreets seem to be wide enough for a parked vehicle at both curbs, and have two vehicles squeeze by each other).