If you’ve ever tried to read a City of Calgary financial report and found yourself confused, you’re not alone.
The C.D. Howe Institute, a non-profit research group that specializes in economic policy, found the city’s recent budget documents the most confusing out of dozens of cities it studied.
It slapped Calgary with a D+ grade for financial clarity — tied for dead last with Ontario’s Durham Region — in an annual report released Tuesday.
It’s a far cry from the A– grade that Calgary received in 2016.
Given the documents the institute chose to review for its 2017 report, however, Calgary’s chief financial officer Eric
