Coronavirus: councillors endorse 9 more relief measures as London, Ont., faces $32.8M budget shortfall

Must Read

RCMP looking for information after possible assault

FORT ST. JOHN, B.C. - The Fort St. John are investigating a late-night assault.

RCMP looking for witnesses after tanker truck fire

FORT ST. JOHN, B.C. - The Alaska Highway remains closed after a tanker truck caught fire near...

Caremongering Fort St John holds food drive in support of Women’s Resource Society

FORT ST. JOHN, B.C. - As part of helping out the community during the COVID-19 pandemic, Caremongering Fort St....

While formal approval awaits at the next regular council meeting, London city councillors — sitting as the Strategic Priorities and Policy Committee (SPPC) — have endorsed nine additional measures outlined by city staff to help residents over the next two to three months.

The measures are described as “low-cost” or “no-cost” by Coun. Josh Morgan, who notes the city is in a difficult position financially as staff anticipate a shortfall of $32.8-million by the end of August due to the novel coronavirus pandemic.

“[We estimate] $47.3-million in lost revenues by end of August, $10.1-million in additional costs, and then $24.6-million in cost savings or additional revenues that we’ve gotten through this, so obviously we’ve taken some actions trying to lower our cost,” Morgan explained.

- Advertisement -

Community Interviews with Moose FM

“That’s where we get the $32.8 million hole and that is reflective of a whole series of actions that the corporation [of the City of London] has already taken.”

The nine items endorsed by councillors — and listed below — relate to food security, housing stability, deferral of some payments for residents and businesses, internet access, and providing flexibility to loading/unloading and delivery times for businesses.


More Articles Like This