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chemgear · 11-07-2018, 11:11 AM

https://calgarysun.com/opinion/colum...ougher-to-sell

This is what Calgarians weren’t supposed to hear until after they voted Yes or No to the Olympics.

This is what caused councillors days ago to tell us what they heard was downright devastating.

The business properties outside the downtown where taxes could be hiked as high as 29%. Yikes.

Over the past two years, the city has thrown taxpayer dough at the problem. One year it was $45 million, the next year $41 million, trying to cap the yearly tax hike to 5%.

This time spending the same sort of cash would just keep the tax increases below 25%.

Things are so nasty, Fielding says even cutting $200 million out of the city budget would make a headline but wouldn’t solve anything

“To somehow imagine an event eight years in the future is going to solve this really hairy problem … you’re dreaming.”

11-07-2018, 11:11 AM	#231
chemgear Franchise Player Join Date: Feb 2010 Exp:	https://calgarysun.com/opinion/colum...ougher-to-sell This is what Calgarians weren’t supposed to hear until after they voted Yes or No to the Olympics. This is what caused councillors days ago to tell us what they heard was downright devastating. The business properties outside the downtown where taxes could be hiked as high as 29%. Yikes. Over the past two years, the city has thrown taxpayer dough at the problem. One year it was $45 million, the next year $41 million, trying to cap the yearly tax hike to 5%. This time spending the same sort of cash would just keep the tax increases below 25%. Things are so nasty, Fielding says even cutting $200 million out of the city budget would make a headline but wouldn’t solve anything “To somehow imagine an event eight years in the future is going to solve this really hairy problem … you’re dreaming.”