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

Highlights from Eckville Town Council

Council voted to pass multiple items on their Nov. 13 agenda

Eckville looking to prohibit cannabis use in public

The First and Second Reading of the Cannabis Consumption Bylaw were carried by Council on Nov. 13

Eckville Sr Eagles fall to Devon Barons

The Senior Eagles faced off against the Barons at home on Nov. 10

Holiday cheer to light up Eckville

The annual tree lighting will take place on Nov. 22

Remembrance Day in Eckville

The service was held at 10:45 a.m. at the Eckville Community Centre

First Nation marks ‘milestone’ land deal at Alberta ceremony

Lubicon Lake First Nation Chief Billy-Joe Laboucan signed treaty last month

Humans reshaping evolutionary history of species around the globe: paper

University of British Columbia researcher had the paper published in the Proceedings of the Royal Society

Toronto ‘carding’ activist Desmond Cole stopped by police in Vancouver

Cole says his experience reveals what daily life is like for black and Indigenous residents

Commercial trucks banned from left lane of Coquihalla

B.C.’s Ministry of Transportation has introduced a new program that hopes to prevent accidents and closures on the Coquihalla Highway.

Canadians more prepared for weather disaster than financial one: poll

RBC recommends people check their bank app as often as the weather app

Supreme Court hears case on migrant detainees’ rights to challenge incarceration

Currently, migrants who do not hold Canadian citizenship can only challenge detention through an immigration tribunal or a judicial review.

Canada Post issues new offer to employees as eBay calls on Ottawa to end strikes

Ebay is calling on the federal government to legislate an end to the Canada Post contract dispute, warning that quick action is needed to ensure retailers don’t lose out on critical Black Friday and Cyber Monday sales.

No G20 member has climate plan strong enough to meet Paris targets: report

Canada’s push to be a world leader in the fight against climate change may be hampered by its distinction for producing the most greenhouse gas emissions per person among the world’s 20 largest economies.

City of Wetaskiwin didn’t apply utility hikes to bills

Clerical financial error discovered by Wetaskiwin city council

Most Read