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:
- How much is this going to cost taxpayers?
- 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.