It comes after Calgary city council voted to write a letter to the province asking for an investigation into the leak of confidential budget documents.

According to the report, Calgary must build between 23,000 and 24,000 total new housing starts annually over the next 10 years to close the gap.

Calgary mayor Jeromy Farkas said the city's $50 billion infrastructure deficit "won't dissapear" in a single budget or council term, but noted council must chip away at it.

Preliminary budget documents obtained by Global News show a large property tax increase would be required to pay for the funding requests in front of Calgary city council.

The figures were included in a number of confidential, preliminary budget documents obtained by Global News after being presented to Calgary city council earlier this summer.

The City of Calgary's contracts come as the Calgary Stampede evaluates bids to study the possibility of multi-purposing GMC Stadium to allow for field sports.

According to the City of Calgary, the water main ruptured around 10 a.m. Saturday which has affected water distribution to around 20 businesses in the Bowness area.

According to administration, all but two of the 192 development permit applications for backyard suites submitted to the City of Calgary last year were approved. 

The expanded scope of the project and a more refined design has the Werklund Centre's modernization cost estimated at $345 million, up $75 million from previous estimates.  

The City of Calgary's housing strategy aims to build 3,000 new non-market housing units every year, which would bring the city to the national average.