Budget Consultation 2023

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As the City prepares the 2023 budget, it faces many of the same challenges that local businesses and members of the community are facing. There are some lingering effects as we emerge from the COVID-19 pandemic. Increased competition for skilled employees, ongoing supply chain issues, and the high level of inflation in the market all continue to be unpredictable and impact many of the operations and services the City provides. Since the beginning of the COVID-19 pandemic in spring 2020, City operations and service delivery have been anything but normal.

While the response is constantly shifting, a certainty is that the global economics have been considerably volatile. As with the past three financial years, the City must once again make appropriate adjustments along with financial assumptions in preparing its 2023 budgets and 2023–2027 Five-Year Financial Plan. Unlike last year, the City has adapted this year’s financial planning process considering an expected move back to normal social interactions. As a result, City revenues are expected to return to near pre-pandemic levels. Changes in the social environment resulted in a 2022 Council decision to gradually increase the funding for the local RCMP complement, which is being phased in over several years.

On this page, learn more about key budget timelines and processes, view documents, infographics, videos, and ask questions of the City's finance managers.

For historical budget documents, including the City's financial statements, visit the City's budget website.

Click here for historical information on last year's 2022 Budget Consultation.

As the City prepares the 2023 budget, it faces many of the same challenges that local businesses and members of the community are facing. There are some lingering effects as we emerge from the COVID-19 pandemic. Increased competition for skilled employees, ongoing supply chain issues, and the high level of inflation in the market all continue to be unpredictable and impact many of the operations and services the City provides. Since the beginning of the COVID-19 pandemic in spring 2020, City operations and service delivery have been anything but normal.

While the response is constantly shifting, a certainty is that the global economics have been considerably volatile. As with the past three financial years, the City must once again make appropriate adjustments along with financial assumptions in preparing its 2023 budgets and 2023–2027 Five-Year Financial Plan. Unlike last year, the City has adapted this year’s financial planning process considering an expected move back to normal social interactions. As a result, City revenues are expected to return to near pre-pandemic levels. Changes in the social environment resulted in a 2022 Council decision to gradually increase the funding for the local RCMP complement, which is being phased in over several years.

On this page, learn more about key budget timelines and processes, view documents, infographics, videos, and ask questions of the City's finance managers.

For historical budget documents, including the City's financial statements, visit the City's budget website.

Click here for historical information on last year's 2022 Budget Consultation.

Ask a Question!

Use this area to ask a question about anything related to the provisional 2023 budget. Please be advised, questions may be responded to privately or publicly on this feed. We will strive to respond within 2 business days but have been experiencing some delays.

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Page last updated: 25 Jan 2023, 03:23 PM