Calgary Zoo makes a profit despite flood
Posted Apr 30, 2014 3:45 pm.
This article is more than 5 years old.
Some good news after a tough year for the Calgary Zoo.
Even though they were hit hard by last June’s flood, the zoo is reporting a net profit of $1-million according to their year in review.
Dr. Clement Lanthier, President & CEO of the zoo says the profit is possible thanks to the tremendous support of Calgarians who provided $3.2 million in donations, the influx of nearly $5-million in business interruption insurance, and the difficult decision after the flood to reduce controllable expenses by more than $4-million.
He adds, 2013 will be remembered for the flood, but it was also a year of resiliency and renewal.
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