The Canadian Taxpayers Federation is calling on the City of Calgary to “get out of the golf business” after the organization obtained revenue and expenditure figures that show $2 million in losses over a three-year period.
Colin Craig, the organization’s Alberta director, obtained the figures through a Freedom of Information and Protection of Privacy Act request.
According to the city documents, the six city-owned courses lost a combined $710,516 in 2017, $884,777 in 2016 and $435,147 in 2015.
That equates to $2,030,440 in net losses from 2015 to 2017.
The only course that has consistently posted profits is Shaganappi Point Golf Course, which earned $470,821 in 2017, $426,629 in 2016 and $261,336 in 2015.
