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September 20 2022

City budget on right track; needs further focus on talent and ease of doing business

Calgary, September 20, 2022 – City administration previewed its 2023-2026 Service Plans and Budget, providing a behind-the-curtain look at what may be coming down the pipe later this year. Noting household expenditures have increased 7.4% for the average Albertan this year, Administration is focused on maintaining affordability, while continuing to invest in Calgary’s future, including an additional $4.4 billion in capital projects.

“With a focus on safety, vibrancy, and continuing to reimagine Calgary's downtown, we are encouraged by the progress the City has made to date,” said Deborah Yedlin, President and CEO of the Calgary Chamber of Commerce. “However, to ensure we reach our potential as a City, it’s critical to approach initiatives through a lens of economic growth and productivity to ensure industry sectors, businesses and employees are able to weather the inevitable headwinds of economic uncertainty."

The Calgary Chamber is particularly encouraged by the following investments and initiatives proposed by Administration:

As the City continues to develop its budget and strategy, and hears from businesses and residents through their consultation period, the Calgary Chamber urges further focus and investment in the following areas:

Please refer to the Calgary Chamber’s budget recommendation document, Gearing up for Growth, to learn more about what matters to business.


For media inquiries, please contact Ruhee Ismail-Teja, Director, Policy and Communications at media@calgarychamber.com.

ABOUT THE CALGARY CHAMBER

The Calgary Chamber exists to help businesses thrive. As the convenor and catalyst for a vibrant, inclusive, and prosperous business community, the Chamber works to build strength and resilience among its members and position Calgary as a magnet for talent, diversification, and opportunity. As an independent, non-profit, non-partisan organization founded and funded by our members, we build on our 131-year history to serve and advocate for businesses of all sizes, in all sectors, across the city.