Pages tagged with
"Calgary's Economy"
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Years of hard work result in agreement to get the Event Centre built
Posted on News · July 26, 2021Details of the new agreement between Calgary Sports and Entertainment & The City have been released by #yyccc and are available at https://www.calgary.ca/pda/pd/big-four-capital-projects/event-centre.html. It’s important that Calgarians can see for themselves what this agreement means.
This is great for Calgary’s economy but not all the benefits are felt by one organization. Hundreds of small businesses will benefit from the deal but none of them could pay for the arena on their own. This includes restaurants and bars, hotels, local artists, promoters, etc.
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Jeff Davison calls YYC to Banff rail link a huge opportunity for Calgary’s Downtown
Posted on News · July 20, 2021Annual economic benefit would be equal to three Calgary Stampedes
CALGARY, AB - July 20, 2021 - City Councillor and Chair of the City’s Transportation and Transit Committee Jeff Davison is calling on City Administration to immediately identify options for a downtown Calgary stop on the proposed Calgary-Banff passenger rail project. The call comes in response to recent action by the Province of Alberta and the Canada Infrastructure Bank on the project.
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We Can. We Will: Make Downtown THE Place to Live, Work and Play
Posted on News · June 15, 2021In a nutshell: There’s a ton of empty downtown office space. Whether you work downtown or not, this issue has major implications for our City - and for your quality of life. A variety of spaces and experiences will help us make downtown THE place to live, work and play - moving the core from vacancy to vibrancy.
The backstory: Over the last five years, downtown property values have dropped by almost $18 billion dollars. When property values go down, tax revenues go down. Taxes generated on office space -- which have kept our city bustling for a long time - have evaporated, leaving a heavier burden on residential taxpayers like you and me.
That’s why I’ve helped initiate Calgary’s Downtown Strategy recovery plan.
On costs: The initial cost of the plan is around $200m:
- $80 million to expand Arts Commons.
- $55 million to create vibrancy projects downtown.
- $45 million to incentivize office space conversion to residential or post-secondary use.
The bottom line: A strong core helps build a strong city. The Downtown Strategy will help move the core from vacancy to vibrancy by attracting investment in residential, office, retail, entertainment, tourism, AND cultural spaces.
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Press Release: Councillors Davison and Sutherland Advocate for Small Business COVID-19 Relief; Propose Waiving Licensing Fees to $0 for Two Years for All Businesses
Posted on News · March 19, 2021FOR IMMEDIATE RELEASE – March 19, 2021
Councillors Davison and Sutherland Advocate for Small Business COVID-19 Relief; Propose Waiving Licensing Fees to $0 for Two Years for All Businesses
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OCIF Publishes Q4 2020 Report
Posted on News · February 17, 2021As Council's representative on both Calgary Economic Development and the $100M Opportunity Calgary Investment Fund (OCIF), I am very proud of the work that the OCIF team has delivered. The Q4 2020 Report is out now!
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Press Release: Councillor Davison Proposes Investment Incentives for Downtown Calgary
Posted on News · December 14, 2020Councillor Davison Proposes Investment Incentives for Downtown Calgary
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An Apology to Calgary's Business Community and Our Plan Moving Forward
Posted on News · June 07, 2019