Economic Resiliency Fund

Cdn Money

Mayor Nenshi proposed an Economic Resiliency Fund that would divert 30 million dollars away from the City’s saving accounts into a new fund.

Included in the proposed changes is to keep transit fares and recreation passes from going up, along with 5 million dollars for an emergency fund for struggling non-profits.

With the Economic downturn many people are struggling to stay a flow and local non-profit organizations are reporting record lows but Nenshi says the money that would be used for City savings could do a lot of good right now.