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Charles Bougie's avatar

As a concerned citizen I believe that there is a CRITICAL misunderstanding of the situation Re. "housing affordability crisis".

It is transient / foreign workers who accept minimum wages from tourism jobs that is the root cause of the problem. Tourism related companies do not pay living wages when related to other service companies. If you compare FEDEX gross margins of ~14% vs tourism companies using Vail as a public company as proxy earns a gross margin of 44%. A FEDEX employee can afford housing whereas a liftie or guide and most management within tourism companies can not afford housing. If such employee can not afford housing move to another town and find a better job that pays more such as a FEDEX job etc...

Then Canmore municipality spins this as an issue where such municipality has the borrowing capacity to raise capital via municipal bonds if it wants to develop any project deemed necessary for the region. Instead Canmore decides to raise taxes to those who can not vote in municipal elections, how convenient. This is while the town has municipal bond offerings at its disposal.

HOWEVER IF TOURISM WANTS TO EMPLOY STAFF AT MINIMUM WAGE / PAYING WAGES BELOW A STANDARD OF LIVING BENCHMARK (WHILE SELLING THE DREAM OF LIVING THE SKI BUM LIFE>>) IT IS THE TOURISM COMPANIES WHO SHOULD FULFILL THEIR RESPECTIVE RESPONSIBILITIES AND HOUSE EVERY ONE OF THEIR EMPLOYEES.

WHY AM I BEING ASKED TO SUBSIDIZE THE LIFE OF A TOURISM INDUSTRY TRANSIENT EMPLOYEE WITH CANMORE IMPOSING OUT OF WACK TAXES. THIS IS CRAZY !!!

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S Morgen's avatar

I think you're on the wrong side of the argument this time

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