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There’s money for a ‘mid-sized’ arena in the proposed 2026 Olympic budget (and arena size may be flexible)

On Tuesday afternoon, the Calgary 2026 bid corporation released their Draft Hosting Plan Concept and presented it at Calgary City Council.

The bid concept totalled $5.23 billion for projected capital and operational costs of hosting the 2026 Winter Olympics and prompted two primary questions from Calgary Flames fans:

  1. How much is this going to cost taxpayers?
  2. Are we getting a new National Hockey League arena out of it?

The answer to Question 1 is “$3 billion split between three levels of government.” The answer to Question 2 to is “Well, that depends…”

Let’s get this out of the way at the top: in the Draft Hosting Plan Concept, as presented to City Council, there is no brand-new 20,000 seat arena.