Episode Details

Calgary City Council Holds Emergency Meeting on Skyrocketing Property Taxes

Calgary city council convened an emergency meeting on Wednesday to address a significant increase in the provincial education property tax, which will add nearly $350 to the average homeowners annual bill. Mayor Jeromy Farkas advocated for transparency, as residents grapple with heavy tax burdens. The provinces $500 million education funding boost results in the largest property tax hike in Calgary history, with a 20% increase in the provincial share of bills, surpassing Edmontons 11% rise. Tax hikes vary across Alberta, ranging from 7% in Grande Prairie to 31% in Chestermere. Calgary ranks second highest among major cities, and residents can estimate their personal impact using the online tax calculator. City officials also reviewed unanswered pre-budget requests, including transit support, recreation plans, mental health funding, and a crucial water project. The budget cut policing grants by $3.1 million and excluded Calgary from a $443 million water infrastructure fund.

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