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flag Edmonton faces a $52.3M budget gap, risking reserve depletion by 2028–2029 without reform.

flag Edmonton faces a $52.3 million budget shortfall as its Financial Stabilization Reserve drops to $78.4 million, down from a target of $142.9 million to $250 million. flag Persistent factors like inflation, population growth, rising policing costs, e-commerce’s impact on local businesses, and reduced federal and provincial funding have strained revenues. flag The reserve has been tapped four times in 17 years and could be depleted by 2028 or 2029 without changes. flag The city may cut services, raise user fees, or use one-time funds to address the gap, while regional communities using Edmonton’s transit, stadiums, and cultural facilities without contributing to costs add pressure. flag Officials stress the need for long-term financial reforms.

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