Calgary 2026 financials remain unknown
Posted Oct 17, 2018 06:59:37 AM.
Last Updated Oct 20, 2018 01:59:47 PM.
This article is more than 5 years old.
CALGARY (660 NEWS) – Calgarians are still waiting to hear how much the federal government will provide if the city hosts the 2026 Winter Olympic and Paralympic Games.
Councillor Evan Woolley, who also chairs the Bid Exploration committee, is not concerned. “The negotiations are ongoing, I recognize Calgarians eagerness to have that number, I remain hopeful and optimistic that we will be getting that number in the next matter of days,” Woolley said.
However, Councillor Sean Chu, who has long opposed the games, noted even if federal funding is announced, there is still a lack of information available to plebiscite voters.
“We’ve been told that due to the competitiveness of this, we just cannot release all the information,” Chu said.
READ MORE: Calgary mayor doesn’t want to spend more than province on 2026 Games
The province has committed $700-million to the Games, but that number is about $300-million less than was hoped for by the bid committee.
READ MORE: Alberta government says it would front $700M for Calgary Olympics
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