The Federation of Canadian Municipalities has offered $10 million in loans and grants to support program encouraging efficiency upgrades.
The city is close to putting the final touches on an agreement that will allow the expansion of a recently introduced program aimed at encouraging homeowners to upgrade their properties.
This week, city council’s finance committee endorsed the final set of recommendations needed to secure $10 million for the program through a combination of a loan and a grant from the Federation of Canadian Municipalities.already approved accepting the money The loan portion of the money is to be provided interest-free. The city won’t have to start making payments for up to the first four years of the loan’s 20-year term, to give time to distribute money to homeowners. From there, the FCM would be repaid using the money coming back in from the property owners.During the COVID-19 pandemic, city councils in Calgary and Edmonton did sweeping reviews of their services to find savings or revenue opportunities.
This week, Donauer said he was “excited and delighted” to read the report and learn Saskatoon is already doing most of the things undertaken by its larger neighbours. Twenty-three of the 39 initiatives proposed in the Alberta cities’ reviews — ranging from reducing the use of catering at meetings to allowing more risk in city budgets — were already underway in Saskatoon.
Norge Siste Nytt, Norge Overskrifter
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