The cost of Calgary hosting the 2026 Winter Games

A breakdown on the cost of the games should the city win

A quick look at estimated costs for Calgary and Canmore, Alta., to host the 2026 Winter Olympic and Paralympic Games, according to bid corporation Calgary 2026 revised host draft plan and Government of Canada figures.

Total estimated cost: $5.1 billion.

RELATED: Calgary 2026 Olympic Games bid survives city council vote on plebiscite

Public investment: Government of Canada, $1.45 billion; Province of Alberta, $700 million: City of Calgary $390 million, plus $150 million credit for previous financial commitment to improve a downtown district that would be a games hub; Town of Canmore, $3 million.

Private funding: $2.23 billion from games revenues, including a $1.2 billion contribution from the International Olympic Commitee in cash and services.

Contingency funds to mitigate financial risk: $1.1 billion.

Financial guarantor against debt: None.

Security budget: $445 million.

RELATED: Alberta government says it would front $700M for Calgary Olympics

New Calgary sports venues proposed: $403 million for a multi-purpose indoor fieldhouse and 5,000-seat arena.

1988 venues reboot: $502 million to upgrade McMahon Stadium, Scotiabank Saddledome, Olympic Oval, WinSports sliding track and ski kill, Nakiska Ski Resport, Canmore Nordic Centre, BMO Centre and Big 4 buildings.

Donna Spencer, The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Actress tells war stories in D-Day remembrance play in Nanaimo

‘Jake’s Gift’ follows a Second World War veteran coping with his past

Man pleads guilty to child porn charges in Nanaimo, Crown alleges 250,000 images

Psychiatric assessment requested by Crown, sentencing to be set June 4 in Nanaimo court

LETTER TO THE EDITOR: Fuel supply requires pipeline expansion

As gasoline production is curtailed, consumer demand will force prices higher, says letter writer

IIO B.C. looking into allegation of assault by Nanaimo RCMP

Police arrested a cabin break-in suspect in the Nanaimo Lakes area in February

Man sentenced to 5.5 years for 1999 rape at Abbotsford music festival

James Redden, formerly of Nanaimo, was charged in 2015 after cold case reopened

UPDATE: Four victims identified in deadly Penticton shooting spree

John Brittain, 68, faces three counts of first-degree murder and one count of second-degree murder

Nanaimo Business Awards celebrate an ‘outstanding’ year

Winners were revealed last week at a gala event at the Port Theatre

Prince George sweeps to first-ever BC Hockey League crown

Spruce Kings beat Vernon Vipers 3-1 in the Okanagan Wednesday for 13th straight playoff win

Hwang’s first MLS goal lifts Whitecaps to 1-0 win over LAFC

Vancouver picks up first victory of season

Child-proof your windows ahead of warm weather: B.C. expert

Fifteen children were taken to BC Children’s Hospital for falls in 2018

B.C. trucker pleads guilty to lesser charges in fatal Manitoba crash

Gurjant Singh was fined $3,000 and given a one-year driving prohibition.

Study links preschool screen time to behavioural and attention problems

The research looked at more than 2,400 families

LETTER TO THE EDITOR: Cull sea lions

Letter writer offers ‘easiest and quickest solution’ to declining fish stocks

B.C. Ferries reveals plans for downtown Nanaimo terminal improvements

Terminal development plan proposes more vehicle space, better terminal access, and twin ferries

Most Read