COVID-19 pandemic are seeing another boost to their finances this week, with Calgary and Edmonton’s transit systems getting a large chunk of money.Premier Jason Kenney announced $600 million for Alberta’s municipalities on Tuesday, thanks to the partnership with the federal government.
COVID-19, low oil prices leads to dramatic drop in demand for power in Alberta Kenney said the province is matching $233 million from the Canadian government to help municipalities maintain their public services for a total of $466 million, as well as $70 million going toward public transit for a total of $140 million.The newly announced money is in addition to $500 million already promised by the province as part of the COVID-19 economic recovery plan.