The city has missed the deadline to get its pension plan reforms passed before the provincial legislature wraps up before Christmas.Without those changes being enacted, the pension plan's deficit will grow ever larger. John Campbell, who has already announced he will be seeking a seat on Common Council in the next municipal election, is flabbergasted.
He questions why the deadline was missed and what effect will it have on next year's city budget. Mayor Ivan Court maintains it will have no effect.
Campbell predicts Common Council will be hardpressed to maintain the tax rate where it is now.
Common Council has scheduled a special closed door meeting tomorrow morning to talk about what is termed a financial matter.
