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Thursday, January 30, 2014

City Taxpayers Would Be Hit Hard By Switching To RCMP

Common Council is being told by City Manager Pat Woods to drop the idea of switching policing of the city to the RCMP, in part, because it would cost too much money. 

Woods says there would be massive financial hit to the city's pension plan if it has to be closed up which could happen with the loss of a significant number of members and that could mean the city would have to make a payment of 100 to 125 million dollars. 

That sort of payment could raise the tax rate anywhere from 28 to 35 cents.