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

Unique treasures to be found at Chilliwack Christmas Craft Market

The 44th annual event is the Chilliwack Community Arts Council’s largest fundraiser

Chilliwack toy drive brings in gifts, money to Ann Davis Transition Society

People dropped by Superstore to donate toys and more for those in need this holiday season

Seven Days in Chilliwack

A list of community events happening in Chilliwack from Nov. 18 to 24

Chilliwack RCMP find chemicals and cannabis extract in illicit lab

Marijuana may be legal but altering it using chemicals violates the Cannabis Act

Chilliwack RCMP seek suspects in rash of poppy donation box thefts

Incidents at four different locations in Sardis in the days leading up to Remembrance Day

Trudeau offers to help Pacific islands face climate change impact

Prime Minister Justin Trudeau met with the leaders from the Pacific island nations on Saturday during the APEC Summit in Papua New Guinea

Price makes 36 saves as Habs edge Canucks 3-2

Late goal lifts Montreal past Vancouver

BC Minister of Agriculture loses stepson to accidental overdose

Lana Popham announces death of her 23-year-old stepson, Dan Sealey

Canadian military’s template for perfect recruits outdated: Vance

Gen. Jonathan Vance, the chief of defence staff says that the military has to change because the very nature of warfare is changing, particularly when it comes to cyber-warfare

‘Toxic’ chosen as the Word of the Year by Oxford Dictionaries

Other top contenders for 2018 include ‘gaslighting’ and ‘techlash’

1 woman dead, man in hospital after ‘suspicious’ crash: police

Homicide investigators and Burnaby RCMP are investigating the fatal collision

Canada defeats Germany 29-10 in repechage, moves step closer to Rugby World Cup

Hong Kong needs a bonus-point win over Canada — scoring four or more tries — while denying the Canadians a bonus point

Avalanche Canada in desperate need of funding

The organization provides avalanche forecasting for an area larger than the United Kingdom

5 B.C. cities break temperature records

Parts of B.C. remain warm, at 10 C, while others feeling chilly

Most Read