The Living Dead by Jeffrey Goddin5/9/2023 ![]() ![]() ![]() ![]() That makes it hard to measure the idea of "public money for public good." The city would get money via a charge on every ticket sold for events in the new building. Under the last arena deal, the city touted the money that would be coming back in return, fronting half of the costs of a new arena. Officials say this matter remains under negotiation. It will likely be a few months.įor now, let's look at what we know and don't know about this new deal.ġ. The City of Calgary is putting up big money on this project. So don't expect details before the provincial election is held. And there were actually nine agreements in the whole package. When a funding deal was announced in July 2019 on a new arena, the final wording wasn't actually released until December 2019. Taxpayers group questions public dollars in arena deal as supporters hail district revamp.$1.2B deal reached on Calgary arena project that replaces Saddledome - mostly with public funds. ![]()
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