The new price tag is roughly double the most recent estimate, which was $634-million when CSEC walked away from the project in late 2021
Under the proposed terms, Calgary will pay $537.3-million, or 44 per cent of the total cost. CSEC, which is led by billionaire Murray Edwards, will pay $40-million upfront, then $17-million per year over 35 years, for a present value of $356-million. Alberta will cover $330-million.Mayor Jyoti Gondek said the price tag escalated because the newest iteration includes elements such as transportation improvements needed for a new building in Victoria Park.
“We’re not focused on a singular facility,” she said. “We’re focused on actually bringing an entire district to life and it also includes the type of improvements that people need when they’re experiencing an event.” While the city and the Flames owners have spent years trying to get a deal over the finish line, the newest member to the deal is Alberta Premier Danielle Smith, who wore ajersey to the announcement Tuesday. And she did not shy away from tying her government’s pledge to the outcome of the coming provincial election. Calgary is one of the main battlegrounds in the vote, tentatively scheduled for May 29 and officially kicking off on Monday.
“That’s why, on May 29, I’m hoping Calgarians give our UCP government a clear mandate to proceed with this arena deal,” she said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Special avalanche warning issued for Western Canada - Terrace StandardRising temperatures can destabilize the snowpack in alpine regions, according to Avalanche Canada
Lire la suite »
Avalanche warning for Western Canada this weekendA special avalanche warning is in effect for western Canada heading into the upcoming weekend, lasting until end of day on May 1, 2023.
Lire la suite »
Avalanche warning in effect this weekend for Western CanadaA special avalanche warning is in effect for Western Canada heading into the upcoming weekend, lasting until end of day on May 1, 2023.
Lire la suite »
All of Western Canada under avalanche warningForecasters have listed the mountains on the North Shore, Sunshine Coast, Fraser Valley and Vancouver Island, as well as areas around Banff, Jasper and the Kootenays as being at 'considerable' risk
Lire la suite »
Rising temperatures prompt special avalanche warning for Western CanadaBackcountry users across Western Canada are being warned to expect dangerous avalanche conditions, as winter transitions to spring and temperatures dramatically rise.
Lire la suite »
Western Canada alpine regions under special avalanche warning as temperatures rise | Globalnews.caAccording to Avalanche Canada, the sudden shift from cool, winter-like conditions in western Canada's alpine regions will create dangerous avalanche conditions.
Lire la suite »