22 Apr 2015
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Apr 22, 2015
Page
1
The city moves toward finalizing a new economic development plan and will hire an outside contractor to pursue industry ties, data prep, and site-selection promos. Mayor Clugston says the plan reflects longstanding goals, focusing on attracting new manufacturing and expanding value-added ag processing as key pillars.
Incumbent PC candidate Blake Pedersen defends the budget as a mix of tax increases and spending cuts amid a 350000 provincial grant cut that raises local property taxes by 0.6 percent. Local Wildrose and NDP candidates call the move typical of the PCs as city officials seek relief before the election. Mayor Ted Clugston says the city will lobby to restore the grant after the election.
Finance Minister Joe Oliver steers a tight maiden budget with a 1.4 billion dollar surplus amid pre election measures. The plan relies on asset sales reserve cuts and unrealized bargaining gains to cover spending while warning of political overtones and fiscal fragility.
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