Thursday, November 06, 2008

The Cost Of Failing To Plan

Calgary has been notoriously short sighted in its budgeting since the 1990s, and when combined with a provincial government which philosophically objects to spending money of any kind, we find ourselves facing quite a deficit on many different fronts.

The budget for Calgary's next three years contains quite the hike in tax revenues.

Just as the costs of building a new hospital in Calgary have exploded in the ten years since the General Hospital was demolished, the immediate costs of expanding our transit system, and other infrastructure have also increased compared to what they would have been had the city invested in its future needs as it grew.

Calgary's tax payers are about to carry the costs of a style of government that has been terminally myopic for almost two decades. I, for one, am less than impressed with this.

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