Alberta budget 2022 receives mixed grade from Calgary leaders
Global News
“The city is so important to the economic potential of the province," Calgary Chamber of Commerce CEO Deborah Yedlin said.
Reactions to Alberta’s balanced 2022 budget are mixed among leaders in the province’s largest city.
Calgary Mayor Jyoti Gondek was happy to hear about investments in programs at SAIT and University of Calgary, and capital for Mount Royal University.
Provincial commitments to funding the Springbank Reservoir Project was “very good news for Calgarians in terms of flood mitigation.”
She said the commitment to fund the Clean Hydrogen Centre of Excellence shows the province has “seen the light” in investing in clean energy.
“We took a calculated risk, it paid off and I’m very happy to see that the province has recognized how successful something like this can be,” Gondek said.
But the province taking a larger cut of the property tax bill, providing a disproportionately-small share of affordable housing funding and a lack of support for pandemic-related transit operating shortfalls resulted in a fiscal mix that didn’t sit well with her.
“That means we will be sending $778.9 million to the provincial government from the property taxes that you pay and we did not see the funding we require to provide the services you need,” Gondek said.
“This is absolutely not what a partner should be providing. I’ve had better conversations than this with the federal government, they have probably invested more in housing conversions and energy transition centres than this provincial government has.”
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