MSI program to end in three years
MEDICINE HAT, AB – The provincial government is planning to phase out the Municipality Sustainability Initiative Grant program.
The program, which was put in place in 2007, will end during the 2021-22 fiscal year, following a recommendation from David Dodge, the former governor of the Bank of Canada.
“Dodge indicated as the economy recovers, the government should normalize spending and be prepared to curtail spending further if oil prices remained low,” according to the government’s fiscal plan.
“Consistent with his recommendations, government is reducing the capital plan to a more normal investment level starting in 2018-19, with reductions in both capital grants and investment.”