Real estate challenges lie ahead for Calgary's new mayor and council

In late November, city council approved the 2020 adjustments to the One Calgary Service Plans and Budgets, setting out the City's budget for the new year. So, what can homeowners expect from the 2020 budget?

On May 6, Calgary City Council approved priorities directing administration to build 2015-2018 business plans and budgets including a 4.7 per cent tax hike.

The priorities encompass five key themes: A prosperous city, a city of inspiring neighbourhoods, a city that moves, a healthy and green city and a well-run city.