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Promoting economic recovery for Calgarians

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Holding government accountable to our citizensPromoting economic recovery for Calgarians

Calgarians are working hard to recover from the downturn and are building toward a strong tomorrow. We’re looking to the Province to support new tools and investments to help create that future. ​YYC Matters - promoting economic recovery guide​.

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Promoting economic recovery for Calgarians

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<div class="ExternalClassEB0289C1757F4E57A9E90582B5D97CE9">Strong Calgary, strong Alberta </div>

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http://www.calgary.ca/citycouncil/YYCmatters/Pages/pillar2.aspx#SupportAndGrowBusiness, https://spprd-authoring.calgary.ca:47443/citycouncil/YYCmatters/Pages/pillar2.aspx#SupportAndGrowBusiness

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Support & grow business

Strong Calgary, strong Alberta

Made-in-YYC tourism strategy

More visitors, more funds

Cannabis revenue sharing

Share costs, share profits

ID: 104

ListCategory: Promotoing Economic Recovery

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ContentBlockTitle: Tools to support and grow business

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Subtitle: Strong Calgary, strong Alberta

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Description: <p>Our unemployment is one of the highest in Canada. The Province can support Calgary’s local efforts to build a new and changed economy by: </p> <ul><li>Investing in critical infrastructure—creating construction jobs <br /></li> <li>Providing film and television tax incentives—boosting the industry <br /></li> <li>Giving one-time funding to cap property tax increases—supporting local business <br /></li> <li>Investing in our <a href="/CA/city-manager/Pages/Our-Finances/Opportunity-Calgary-Investment-Fund.aspx" target="_blank">Opportunity Calgary Investment Fund​</a>—growing new businesses <span style="font-size:8pt">​</span><br /></li></ul> <p> </p>

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Tools to support and grow business

Strong Calgary, strong Alberta

Our unemployment is one of the highest in Canada. The Province can support Calgary’s local efforts to build a new and changed economy by: 

  • Investing in critical infrastructure—creating construction jobs 
  • Providing film and television tax incentives—boosting the industry 
  • Giving one-time funding to cap property tax increases—supporting local business 
  • Investing in our Opportunity Calgary Investment Fund​—growing new businesses

 

Question : Solutions for Calgary’s downtown

A quarter of Calgary’s downtown offices are currently vacant. The City of Calgary established the Opportunity Calgary Investment Fund (OCIF) and set aside $100 million for catalytic investments designed to create jobs, fill downtown office spaces and build economic resiliency. Does your party support contributing provincial matching funds to OCIF to support Calgary’s economic recovery?

The City allocated $86 million in 2017 and 2018 capping businesses’ tax increases at 5% from the changes resulting from the massive erosion of value of Calgary’s downtown office towers. The cost of a similar program for 2019 is estimated to be $90 million. Provincial law establishes this market assessment system and 40% of property tax revenue is remitted to the province to fund education. Does your party support matching funds to continue to cap tax increases for businesses resulting from the shift in the market assessed value of Calgary’s downtown office towers? What other solutions do you propose to protect small and large businesses in Calgary from this tax shift?

Does your party support further policy and legislative reforms to the provincial law that establishes the annual market value assessment system to ensure greater fairness, consistency and transparency for businesses and citizens? What is your overall plan to help downtown Calgary recover?

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ID: 105

ListCategory: 2

Title:

ContentBlockTitle: Made-in-Calgary tourism strategy​

HeadingLevel: H2

Subtitle: More visitors, more funds

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Description: <p>​Some lodging businesses collect a fee that funds tourism marketing. Short-term rental operators don’t collect this fee. Equitable lodging fees would: </p> <ul><li>Be fair and transparent to all lodging providers</li> <li>Support the creation of a made-in-Calgary tourism strategy</li></ul>

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Made-in-Calgary tourism strategy​

More visitors, more funds

​Some lodging businesses collect a fee that funds tourism marketing. Short-term rental operators don’t collect this fee. Equitable lodging fees would: 

  • Be fair and transparent to all lodging providers
  • Support the creation of a made-in-Calgary tourism strategy

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Question : Support for the tourism sector

Presently, a destination marketing fee (DMF) is collected by some hotels (but not by others or by short term rental companies) in order to support tourism and convention m​arketing. Does your party support making the DMF mandatory under the City Charter framework, in order to ensure fairness and to enable The City of Calgary to help grow Calgary’s tourism industry?

ID: 106

ListCategory: 3

Title:

ContentBlockTitle: ​Cannabis revenue sharing

HeadingLevel: H2

Subtitle: Share costs, share profits

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Description: <p>​The Province receives most revenues from cannabis—but The City bears most enforcement costs.</p> <ul><li>Between April 2018 and December 2019, City administration and enforcement costs were $10.44 M—but Province only covers $3.84 M<br /></li> <li>This leaves a $6.6M revenue gap for Calgarians to pay <br /></li> <li>This gap could be closed if The Province shared more of the federal funds promised to cover these costs<br /></li> <li>This would free up your municipal tax dollars for other city-based initiatives<br /></li></ul>

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​Cannabis revenue sharing

Share costs, share profits

​The Province receives most revenues from cannabis—but The City bears most enforcement costs.

  • Between April 2018 and December 2019, City administration and enforcement costs were $10.44 M—but Province only covers $3.84 M
  • This leaves a $6.6M revenue gap for Calgarians to pay 
  • This gap could be closed if The Province shared more of the federal funds promised to cover these costs
  • This would free up your municipal tax dollars for other city-based initiatives

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Question : Maintaining the orderly legalization of cannabis

Maintaining orderly legalization of cannabis requires that the City of Calgary receive its fair share of the federal excise tax that the Government of Canada promised to municipalities in order to cover the actual costs incurred. The province’s cannabis funding over the next two years will not even cover half of the City of Calgary’s expected costs, leaving Calgarians’ property taxes to make up the difference. Does your party support a new provincial cannabis revenue sharing arrangement to ensure that the City of Calgary’s actual costs are covered?

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