Calgary city council votes in favour of $60M budget cut and $70M in tax rebates

Written by:  Punita V   |    |  June 11th 2019 05:21 AM   |  Updated: June 11th 2019 05:21 AM
Calgary city council votes in favour of $60M budget cut and $70M in tax rebates

Calgary city council votes in favour of $60M budget cut and $70M in tax rebates

Written by:  Punita V
Last Updated: June 11th 2019 05:21 AM
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After a morning that started with a rally organized by small businesses, Calgary city council voted in favour of plan that will see some relief for non-residential property tax payers.

Councillors voted unanimously to support a plan that was put forward by Councillor Shane Keating to give businesses $71 million in rebates. It will also involve a city budget cut of $60 million this year.

“I think the business community was rightly frustrated in our ability to take action a month or so ago,” Councillor Evan Woolley said.

“Ultimately, what has come forward is basically a culmination of a number of scenarios that were there.

 

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