Federation of Canadian Municipalities Board of Directors Meeting September 14, 2023

It emphasizes the necessity to establish stronger connections between municipal revenue, population growth, and economic expansion: - Municipalities are operating within a nineteenth-century revenue system to respond to 21st-century responsibilities and evolving needs of Canadians. - Municipalities manage more than 60 percent of Canada's public infrastructure yet only receive between 8 and 10 cents for each tax dollar collected. - Emerging from the pandemic, we've seen federal and provincial sales and income taxes increase rapidly while overall municipal property tax revenue has remained flat-or even declined-when accounting for inflation and population growth. The Federation of Canadian Municipalities (FCM) is calling for a real conversation, with federal, provincial, and territorial governments at the table, focusing on the changes required for Canada's growing communities to meet both today and tomorrow's challenges.