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The City of Calgary struck an agreement in principle with the province and Flames ownership on a $1.22-billion deal replacing the Saddledome
Don Braid writes: Calgary's new arena deal is a whopper, at more than $1 billion total cost.
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City will pay $537.3-million, while Calgary Sports and Entertainment and Alberta government will pay $356-million and $330-million respectively
The City of Calgary has signed a deal paving the way for construction of a new arena.
The Alberta Government is putting up more than $5 million over three years it says will help provide better mental health and addiction support to those in police custody.