With the current unsettled state of Alberta’s economy, and growing debt at all levels of government, the Lethbridge Chamber of Commerce is calling on Lethbridge City Hall to prioritize capital spending on projects that focus on driving immediate economic growth and job creation in their upcoming Capital Investment Program.
“The city only has so much money to spend, and with government grants decreasing, there’s even less money for capital projects then there has been in a long time,” explains Harry Gross, President of the Chamber of Commerce. “We’re simply asking the city to take a hard look at the projects on the table, and prioritize those projects that will drive more business, create more jobs, and encourage more economic activity in the region.”
The reasons for the Chamber’s recommendations are simple. When the economy slows down, the city brings in less money, and consequently there’s less money to invest back into community projects. We should therefore use the funds that we do have to help speed up the economy again so that we will have more to spend on the many worthwhile projects that are on our community’s wish list.
The Current Capital Improvement Program for the next four years is nearing the end of its planning stage with City Hall going through the final rounds of community consultation before setting its priorities.
The Lethbridge Chamber of Commerce
The Lethbridge Chamber of Commerce is The Voice of Business, promoting and enhancing a healthy economic and social environment in our region by serving the interests of business. We represent over 750 businesses and over 10,000 employees in the Lethbridge area.
For more information on this initiative, please contact Kevin Farrell at 403-327-1586 or by emailing [email protected].