Calgary city council votes in favour of $60M budget cut and $70M in tax rebates

After a morning that started with a rally organized by small businesses, Calgary city council voted in favour of plan that will see some relief for non-residential property tax payers.

Councillors voted unanimously to support a plan that was put forward by Councillor Shane Keating to give businesses $71 million in rebates. It will also involve a city budget cut of $60 million this year.

“I think the business community was rightly frustrated in our ability to take action a month or so ago,” Councillor Evan Woolley said.

“Ultimately, what has come forward is basically a culmination of a number of scenarios that were there.