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Financial task force

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The City of Calgary’s Financial Task Force

To support Calgary’s economic recovery and financial resiliency, Council identified the need for a Financial Task Force to identify and assess innovative solutions for short term economic mitigation, long term economic recovery solutions, and revenue options to improve financial resiliency for The City.


The task force is led by The City’s Chief Financial Officer, Carla Male, CPA-CA as Chair and a consists of panel of twelve external members with expertise in policy formulation, business strategy, property valuations and finance.

Who we are

​​Selected external members of The City’s Financial Task Force includes:

  • Heidi Conrad, CPA-CA
  • JT Dhoot, AACI, CBV
  • Dave Dunlop, CPA-CA, MBA, CFA
  • Brian Hahn, BSME
  • Sarah Lerner, CFA, MBA
  • Annie MacInnis, MSc (Economics)
  • Dave Mewha​
  • Lindsay Tedds, PhD (Economics)
  • Alan Tennant, ICD.D, EMBA, FRI, CAE​
  • Rene Wells, PhD, (Finance)
  • Nizar Walji, CFA
  • Mike Yuzwa, CPA-CA, CBV

Citizens with strong experience in policy formulation, business strategy, property valuations and finance were invited to submit an expression of interest in Q3 2019. The panel members above were selected based on an application process in accordance with a skills matrix on the Terms of Reference (included in Attachment 1).

External members of the Financial Task Force are supported by internal experts from the following departments and business units​:

  • Chief Financial Officers Department
  • Finance
  • Tax​
  • Corporate Budget Office (including Corporate Economics)
  • Assessment
  • Intergovernmental and Corporate Strategy
  • Law

What we are working on

The membership of the Financial Task Force have been meeting regularly since 2019 September in an effort to solidify their understanding of the complex financial issues facing The City of Calgary. They are working to identify options and opportunities that have the potential to provide the most impact in recommendations to Council.

Some of the principal issues the Financial Task Force is focused on are: 

  • Decreasing the volatility of annual property taxes to individual taxpayers 
  •  Improving the consistency and predictability of annual revenues for The City 
  • Considering alternatives to enhance sustainable revenue options that are tied to appropriate levels of service and related costs incurred by The City; and 
  • Creating a framework for financial decision making based on “evidence-based decision making principles” to help align decision making with the longer term vision for the City. 

Many of the options that have been discussed to date fall within two categories: 

  •  Near term items that are possible within current legislated authorities; and 
  • Longer term solutions that will require cooperation and collaboration with other orders of government, other municipalities and adjacent counties.

Some of these items may be addressed through taxation or assessment policy recommendations, while others may be addressed through recommendations relating to potential new revenues sources. 

What's next

The Financial Task Force is mindful of the need to align with the longer term vision for “Calgary in the New Economy” – our city’s collective plan to support economic competitiveness, embrace shared prosperity, and build a strong Calgary. The four pillars of the Calgary Economic Development strategy​ - talent, innovation, place and business environment - will be considered as the Financial Task Force progresses through its work.

In addition, the Financial Task Force will consider desirable revisions to our Property Tax and Assessment Policies. These two areas are complex and require careful consideration and research to ensure that whatever policy revisions are proposed in our current economic environment will serve Calgary well and be relevant into the future. Some of these may require advocacy with the Provincial Government.

The Financial Task Force will continue to meet throughout the year and are expected to report back to Council with their findings and proposed recommendations later in 2020. ​​​