Calgary city council has agreed to add another $90 million to the city’s Economic Development Investment Fund.

The head of Calgary Economic Development is asking city council to consider adding another $90 million to the city’s Economic Development Investment Fund (EDIF), but one city councillor argued that the amount of money they’ve asked for seems arbitrary.

The Canadian Taxpayers Federation waves a warning flag that a proposed economic development investment fund in Calgary could become a political slush fund.