Despite his optimism about the city’s future, Calgary’s mayor isn’t shying away from tough decisions in the upcoming city budget, including the need for a multi-billion-dollar infrastructure investment.

Mayor Jeromy Farkas said Wednesday that the “bill is now coming due” for decades of deferred decisions from all orders of government in the form of a $50-billion infrastructure deficit over the next 10 years.

“Right now, we face incredibly serious challenges,” Farkas said during a State of the City address to the Rotary Club of Calgary Downtown. “Affordability, public safety, economic uncertainty, rapid growth, and infrastructure that hasn’t…

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