Eleven people are in the running to become the next mayor of Regina, with the city facing a projected $2.4-million deficit by the end of the year. This financial burden, left behind by former council members, is a topic that many candidates have addressed with proposed solutions. However, University of Regina economics professor Jason Childs cautioned that without fiscal space, even the best ideas may not be feasible. Past decisions made by councils and mayors can have a lasting impact on the future opportunities of the community, highlighting the importance of responsible financial management by the new council.
During a mayoral debate, nine out of the 11 candidates discussed issues such as fiscal responsibility, building infrastructure, and ensuring economic growth. While many candidates outlined their plans, former Regina Mayor Michael Fougere emphasized the importance of making collective decisions on priorities. Fougere stressed that it is impossible to do everything and that choices need to be made, such as investing in a library versus an aquatic centre or a baseball diamond. He noted that budget implications must be carefully considered when deciding where to allocate funds for projects and services that benefit the community.
Fougere acknowledged the challenges involved in deciding where to allocate resources, such as addressing homelessness, promoting economic development, and supporting tourism. He emphasized the need for council members to understand their roles, provide leadership, and set the tone for growth and opportunity in the city. The upcoming municipal election on November 13 will determine the new mayor and council members who will be tasked with addressing the deficit and making important decisions about the city’s priorities. Advanced voting will be open to the public from November 1 to November 4, providing an opportunity for residents to have their say in the election process.
The city of Regina is legally required to balance its budget and address the projected deficit if it remains in place after December 31. This may involve accessing funds through the general reserve fund or forecasting another deficit in the 2025 budget. The financial decisions made by the new council will have a significant impact on the city’s future, influencing its ability to invest in infrastructure, support economic growth, and meet the needs of its residents. It is essential for the incoming mayor and council members to work together to make informed decisions that prioritize the well-being and prosperity of the community.
The candidates vying for the mayoral position in Regina will need to carefully consider the city’s financial situation and make strategic choices to address the deficit and allocate resources effectively. With various competing priorities, such as homelessness, economic development, and tourism, it will be crucial for the new council to work collaboratively to set clear priorities and make decisions that benefit the city as a whole. By demonstrating fiscal responsibility, providing strong leadership, and engaging with the community, the incoming mayor and council members can work towards building a prosperous and sustainable future for Regina. The upcoming election presents an opportunity for residents to shape the city’s direction by choosing leaders who are committed to driving growth and opportunity while managing the city’s finances responsibly.
