It’s Christmas day and not only are the residents celebrating its arrival but the city is as well. The government of Alberta has given Calgary a loan for $473 million through the GreenTRIP (Green Transit Incentives Program). This will help to pay for 50 train cars for the LRT and the south and west LRT lines.
There is also money that will be contributed for Alberta homelessness projects. Calgary initiated a 10 year plan for ending the critical situation of homelessness in 2008. Since the plan has been put into action the number of people living on the streets has dropped from 4,000 down to 3,576 as of August of this year.
The Glenbow Museum also has reason to celebrate during this holiday season with a funding increase coming in from the BMO Financial Group. The museum has been having financial difficulties with deficits measuring more than $1 million over the last four years. One of the problems has been funding losses over the years and this BMO boost will definitely help the cause.
There is a lot of reason to celebrate here in Calgary during this holiday time for both the city and the residents. This year has seen a remarkable growth in migration to the city, full time employment and real estate sales.
Many parts of Canada cannot say the same and aren’t able to boast the remarkable figures that Calgary has seen during the last 12 months. This all opens the door for another proud year in 2013 for the city and every resident living here.
Merry Christmas and Happy Holidays to everyone that makes this city what it is today. It's been an incredible year and we're looking forward to spending time with our loved ones during this festive time and then gearing towards a 2013 that knows no limits.