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investment portfoliocalgaryherald
•Business
Business & Economics
81% Informative
Calgary 's investment portfolio grew by $272 million in 2024 to nearly $7.1 billion by year's end .
That represents a net return of 9.19 per cent , after fees and transfers.
The portfolio recorded a gross income of $336.6 million — a record high — last year .
The city’s annual surplus on a consolidated basis for financial statement reporting came to $1.105 billion .
Financial assets increase $373 million , now total $8.4 billion by the end of 2024 .
The fiscal stability reserve also grew in 2024 .
Overall, the city’s reserves totaled just shy of $4 billion .
The city's capital deposits totaled $1.214 billion as of the same time.
VR Score
90
Informative language
92
Neutral language
76
Article tone
informal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5
