Population explosion in Waterloo Region creates budget turmoil

Kitchener Waterloo Budget News

Population explosion in Waterloo Region creates budget turmoil
Waterloo PopulationWaterloo Region CouncilCanada
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Statistics Canada recently numbers which show that Waterloo’s population was estimated to be 665,188 people as of July 1, 2023, an increase of 38,519 people in just a year’s time.

Waterloo Region says the area’s population explosion will force tough decisions ahead as it sets its budget for next year.

“Affordability is a huge concern as we help more people with a place to live, the ability to get to work, and to provide vital medical and social services.” The region said the projections for the current budget, which includes planned investments in housing and homelessness, transit, roads, and paramedic services, would cause a property tax hike of 12 to 13 per cent, a number which does not include the police budget.Woman with ‘unmanageable’ pain from Lyme disease chooses to die. She wasn’t always believed

The region said that later in June, it would be hosting a workshop alongside other municipalities to discuss the fiscal challenges. The region said it would extend an invite to MPs and MPPs to join in the discussion.

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