 |
| Coun. Brian Swanson speaks to his motion to submit a resolution to SUMA for the province to make provision, and lobby the federal government to follow suit, for municipalities to issue tax-free municipal infrastructure bonds at the Nov. 17, 2014 council meeting. Times-Herald photo by Lisa Goudy |
By Lisa Goudy
Coun. Brian Swanson would like to see as low of city
borrowing costs as possible.
On Monday, he proposed a potential way to do this, as has
been done in the United States and has come up from time to time in Canada –
allowing municipalities to issue tax-free municipal infrastructure bonds.
He made a motion at council for the City of Moose Jaw to
submit a resolution to the 2015 Saskatchewan Urban Municipalities Association
(SUMA) convention for the Saskatchewan government to make provision for
allowing that to happen and to lobby the federal government to do the same
thing.
No comments:
Post a Comment