'Losses up to $10M': YMCA in Langford in dire need of additional funding

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'Losses up to $10M': YMCA in Langford in dire need of additional funding
France Dernières Nouvelles,France Actualités
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The Langford YMCA board has asked the city to double its yearly financial contributions to the operation, or the YMCA may close the pool.

"We’ve accumulated losses of up to $10 million as of the end of 2022," said Derek Gent, CEO of the YMCA-YWCA Vancouver Island branch.

The YMCA board has now asked Langford to double its yearly financial contributions to the operation, or the YMCA may close the pool in a month. "From $950,000 a year to $1.9 million through a services agreement," said Gent.

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