In 2016, Vibrant Communities Calgary completed the second year of guiding the implementation of
the Enough for All (E4A) poverty reduction strategy. It was a difficult year for many Calgarians who lost their jobs as the city’s unemployment rate climbed to 10.3%. Many struggled to not fall into poverty. The increase in those accessing the food bank, increase in personal bankruptcies and crimes are proxies for the increase in economic precariousness in our city.
the Enough for All (E4A) poverty reduction strategy. It was a difficult year for many Calgarians who lost their jobs as the city’s unemployment rate climbed to 10.3%. Many struggled to not fall into poverty. The increase in those accessing the food bank, increase in personal bankruptcies and crimes are proxies for the increase in economic precariousness in our city.
In this unsettled environment, we applaud and cannot underestimate the positive impact of the Alberta Child Benefit and the enhanced Alberta Family Employment Tax Credit. Low income families who filed their taxes accessed hundreds of millions of tax-free dollars to assist them in raising their families. Revisions to both provincial and municipal legislation has helped regulate the pay-day lending sector. Coupled with new credit services of First Calgary Financial’s Cash Crunch Loans, and both ATB Financial’s and Cashco Financial’s access to mainstream banking services has made a difference for unbanked and underbanked Calgarians. City Council approved the new sliding scale transit pass through which Calgarians with the lowest incomes have access to a monthly pass for less than the price of two tickets. And, Calgarians continue to utilize improved access to City services through the Fair Entry program.
