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Episode 111: Matt and Taylor are joined by Doug Gilchrist. Doug is the City Manager, also known as Chief Administration Officer (CAO), for the City of Kelowna from Kelowna, BC. Doug has worked for the city since 2004, and became the City Manager in 2018. The City of Kelowna is unique in it's low reliance on property taxation, which makes up only 20% of the city's billion dollar operational budget for 2026. Doug is here to discuss: → The billion-dollar 2026 Kelowna city budget, how it's funded, and it's top priorities including public safety & infrastructure. → Plans for changes to short-term rentals, the growing imbalance between the development of rental & fee simple product, and the plans for the property around the marina and the Clement extension. → Major city events driving Kelowna's economic development, the health of Kelowna's economy, and the 9% traffic increase of Kelowna's airport, which is the largest municipal-owned in the country. → Investing in solutions for the unhoused, the legalities of tent cities, and why we need to look at bringing back the approach of mandatory care. City of Kelowna Website: https://www.kelowna.ca City of Kelowna Instagram: / cityofkelowna City of Kelowna LinkedIn: / city-of-kelowna City of Kelowna YouTube: / cityofkelowna Doug Gilchrist's LinkedIn: / doug-gilchrist-58060950 *** CHAPTERS 0:00 Intro 7:10 Today's Guest: Doug Gilchrist 8:53 2026 Kelowna City Budget & It's Unique Funding 11:56 Downtown Hotels & the Plan for the Property Around the Marina 14:57 Kelowna Being a Destination Location 15:46 Changes to Short-Term Rentals 19:19 The Health of Kelowna's Economy & the Airport 24:42 Major City Events Driving Economic Development 26:17 The Clement Extension 27:44 The Unhoused, Tent Cities, & Mandatory Care 34:41 Kelowna Neighborhoods with Opportunity 37:51 The Rental vs Fee Simple Development Divide 39:45 Wrap-Up *** OUR SPONSOR The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: https://www.c21kelowna.ca *** CONNECT WITH THE SHOW Kelowna Real Estate Podcast: https://wavve.link/kelownarealestate Kelowna Real Estate Podcast YouTube: / @kelownarealestatepodcast Kelowna Real Estate Podcast Instagram: / kelownarealestatepodcast *** CONNECT WITH MATT Matt Glen's Website: https://www.mattglen.ca Matt Glen's Email: [email protected] Matt Glen's Instagram: / mattglenrealestate *** CONNECT WITH TAYLOR Taylor Atkinson's Website: https://www.venturemortgages.com Taylor Atkinson's Email: [email protected] Taylor Atkinson's Instagram: / venturemortgages *** Make sure to 🔔 SUBSCRIBE, 👍 LIKE, and 💬 COMMENT below to let us know what you think!