City council has difficult budget decisions to make
As Prince George grapples with its aging infrastructure and a stagnant population, it’s time for mayor and council to confront a critical reality: We have to invest more now to prevent costly repairs in the future.
Fast forward to today, and we find ourselves in a tight situation. The city’s infrastructure, designed for a much larger population, is now showing its age and is proving to be a burden to current residents. This year alone, Prince George will need to allocate approximately $90 million to address worn-out infrastructure, including significant repairs to the Aquatic Centre — one of our community’s prized facilities — requiring $37 million to remain operational. Such expenses illustrate the long-term repercussions of underinvestment and the cycle of deferred maintenance that leads to skyrocketing costs.
At a recent budget-themed town hall meeting, an almost microscopic fraction of the community showed up, reflecting a broader disengagement from the crucial discussions about our city’s future. As residents, we have to demand that our councillors prioritize transparency and community engagement, ensuring that they make informed decisions about infrastructure investments and tax allocations.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Brief: A volatile week ahead of The VoteAlso in today’s edition: Why China is investing heavily in Hungary
Read more »
Business Brief: A volatile week ahead of The VoteAlso in today’s edition: Why China is investing heavily in Hungary
Read more »
Is the gamification of investing a blessing or a curse?Apps like Robinhood in the U.S. have set a trend that many other platforms are now following, integrating these features to boost user engagement
Read more »
Feds moving ahead with sustainable investing guidelines, but details still scarceTORONTO — Finance Minister Chrystia Freeland said Wednesday that the federal government is moving ahead with guidelines around sustainable investing and corporate climate disclosures, but details on the plans are scarce.
Read more »
IEA deputy head tells Calgary crowd investing in oil and gas still importantMary Burce Warlick made the comments in Calgary, the corporate heart of Canada's oil and gas sector.
Read more »
Investing in a theme yields winners and losersWe are looking for high- and low-ranking thematic investments
Read more »