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Varcoe: Rising commercial property taxes could come back to hurt Alberta cities

Article content Upon throwing a boomerang, you quickly learn one important lesson: be prepared to duck. That should also be the message for policy-makers from a new report by the University of Calgary’s School of Public Policy. We apologize, but this video has failed to load. Try refreshing your browser, or Varcoe: Watch out for boomerang effect — rising commercial property taxes have lowered investment in Alberta cities Back to video The study of 17 Alberta cities looked at the effect of increasing commercial property taxes on business investment over a two-decade period. The results show a “higher non-residential property tax rate discourages business investment in building construction.”

U of C study finds hundreds of first-time homeless shelter users each month

Article content An average of more than 350 people per month slept at a Calgary homeless shelter for the first time during the five years leading up to the pandemic, according to a new study by the University of Calgary’s School of Public Policy. It’s an alarming trend, said one of the report’s authors, who noted leaders at each level of government have a role to play in addressing the poverty levels fuelling the crisis. We apologize, but this video has failed to load. Try refreshing your browser, or U of C study finds hundreds of first-time homeless shelter users each month Back to video

Alberta asks federal government to commit $30B to advance carbon capture technologies

Alberta asks federal government to commit $30B to advance carbon capture technologies Alberta is asking the federal government for $30 billion in funding to explore carbon capture, utilization and storage technologies, the premier’s office has confirmed. Social Sharing No feasible way to meet federal government s net zero emissions targets without CCUS technology, Kenney says Posted: Mar 08, 2021 4:19 PM MT | Last Updated: March 9 We have been world leaders in the (CCUS) technology … [and] we re at risk of falling behind if we don t up our game. That s going to require major investments, Premier Jason Kenney said at a press conference on Monday.(Jason Franson/Canadian Press)

COVID-19 Pandemic Has Spurred Newcomers To Canada To Return To Their Home Countries

The number of permanent residents who have been in Canada for less than five years declined. Maan Alhmidi, Canadian Press The Canadian Press New Canadians take part in a virtual citizenship ceremony in a video recorded from a livestream on the Ministry of Citizenship and Immigration s YouTube channel, as seen on a phone in Toronto on Dec. 12, 2020. OTTAWA The economic and life disruption caused by the COVID-19 pandemic has prompted some recent immigrants to leave Canada and return to their countries of origin, where they have more social and family connections. The number of permanent residents who have been in Canada for less than five years declined by four per cent to 1,019,000 by the end of 2020 from 1,060,000 the year before, according to an analysis of Statistics Canada’s labour force survey that measures the number of workers between 15 and 65 years old by their immigration status.

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