On November 29, 2018, the Government of Alberta announced
Bill 32, the City Charters Fiscal Framework Act
.
Although this announcement is to the benefit of Calgary and Edmonton, the announcement sets three important precedents: funding linked to provincial revenues, predictability for long-term financial planning, and funding established in legislation.
Photo: Minister Ceci, Mayor Don Iveson, and Minister Anderson speak to the announcement of the City Charters Fiscal Framework Act on November 29.