Winnipeg gets creative to raise cash for infrastructure
How do you feel about the CanWest Global Freeway, or the Manitoba Moose Municipal Building? The Federation of Canadian Municipalities says Canadian cities share an infrastructure deficit of about $123 billion. So, how are the municipal governments supposed to provide services and repair infrastructure without raising property taxes?
Winnipeg has an idea that other cities might be interested in, corporate sponsorship. Instead of increasing taxes to repair potholes, Winnipeg's mayor Sam Katz says they are launching a campaign to raise money by selling off the naming rights to city services. Everything from library books, dog licenses and defibrillators will be up for up for grabs.