Alberta NDP promises $155 million to revitalize downtown Calgary if elected
Global News
The NDP unveiled a number of proposals to address Calgary's "hollowed-out" downtown core as a result of the COVID-19 pandemic on Friday.
Alberta’s NDP is promising to spend at least $155 million to revitalize Calgary’s downtown core if elected in 2023.
On Friday, the party unveiled a number of proposals to address the city’s “hollowed-out” downtown core as a result of the COVID-19 pandemic.
The proposals include a plan to match the City of Calgary’s existing $55-million investment to improve public spaces downtown. The party also plans to match the city’s $100-million investment into projects that will support office conversions into affordable housing units.
This investment is a stark contrast to the UCP’s “paltry” $5-million contribution in budget 2022, the NDP said.
The provincial investment previously received sharp criticism from Calgary Mayor Jyoti Gondek.
“Calgary has consistently ranked as one of the best cities in the world,” NDP municipal affairs critic Joe Ceci said at a press conference on Friday.
NDP leader Rachel Notley said she will make economic diversification in Calgary a priority to attract investment into the city’s downtown core.
If elected, the party will be reinstating the Alberta Investor Tax Credit and the Interactive Digital Media Tax Credit to attract Canada’s tech and innovation sector to Calgary.
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