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

Blackfalds RCMP seeking information on activities of stolen Fountain Tire Truck

Blackfalds RCMP recovered truck following earlier collision and car-jacking

MNP Canada Games Torch Relay coming to Lacombe

Torchbearers will carry the torch on a 4.64 km loop around Cranna Lake

Blackfalds RCMP on scene of school bus collision and car jacking

RCMP are looking for a silver 2012 Mitsubishi Outlander with Alberta license plate BNR655

Oil and Gas researcher Vivian Krause to speak in Lacombe

UCP fundraiser brings in researcher claiming to expose dirty American lobby money in Canada

2-for-1: Total lunar eclipse comes with supermoon bonus

On Sunday night, the moon, Earth and sun lined up to create the eclipse, which was visible throughout North and South America

Top Canadian athletes inducted into the Canada Games Hall of Honour

Athletes doing incredible things for communities are inducted into Hall of Honour, says Games CEO

New Canada Food Guide nixes portion sizes, promotes plant-based proteins

Guide no longer lists milk and dairy products as a distinct food group

Red Deer RCMP arrest man after truck collides with six vehicles

No one was injured and the male driver was restrained by a nearby resident until police arrived

Liberals look to make home-buying more affordable for millennials: Morneau

Housing is expected to be a prominent campaign issue ahead of October’s federal election

Blackfalds welcomes Canada Winter Games Torch Relay

Canada Games run Feb. 15th to March 3rd

Man accused of threatening to kill ‘as many girls as I see’

Christopher W. Cleary wrote he was angry because he’d never had a girlfriend and wanted to ‘make it right’ with a mass shooting

Cannabis-carrying border crossers could be hit with fines under coming system

Penalties are slated to be in place some time next year

Most Read