Alberta’s Opposition NDP is promising as much as $200 million to create a post-secondary campus in downtown Calgary if it wins the upcoming election.
Leader Rachel Notley says the cash would go towards making a everlasting downtown campus to deliver companies, college students and researchers collectively for collaboration and to assist financial diversification.
The funding would even be used for pupil housing.
Notley says no determination has been made on a specific college to run the campus.
A latest report from business actual property companies agency CBRE lists Calgary’s downtown workplace emptiness charge at 32 per cent — virtually double the nationwide common.
Notley says the downtown has generated wealth and prosperity for Albertans however downturns associated to the value of oil and the COVID-19 pandemic have harm the world.
“We’ve seen high vacancy rates and a lack of vibrancy in the area,” Notley instructed reporters Monday.
“Even as the economy recovers from the pandemic, we haven’t seen the jobs return as our economy undergoes structural changes.”
The writ is scheduled to be dropped on May 1 for a May 29 provincial election.
