Calgary City Council approves $47M spending

CALGARY – City council approved a $47-million increase in spending in order to stimulate Calgary’s economy Wednesday.

There’s a long list of planned projects that will now get a kick start, including the Ogden/Glenmore interchange ($95, 150), the new Central Library ($70, 006) and the Seton ($92, 154) and Rocky Ridge ($83, 945) recreation facilities.

Get daily National news

Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.

Sign up for daily National newsletter Get Started

By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

It’s estimated the increase in spending will create 400 jobs, with the money coming from reserve funds.

Mayor Naheed Nenshi said there will be no increase in property taxes related to the projects.