Alberta isn’t budging on $700M Olympic commitment, despite federal government cash

The federal government may be interested in spending more than expected to put on the Winter Olympics and Paralympic Games in Calgary — but the province is standing firm on their $700 million limit.

CBC News has confirmed that the federal government has authorized up to $1.75 billion in Olympic spending for the 2026 Winter Games in Calgary, if the city goes forward with a bid and wins.

That would be higher than its previous maximum pledge of up to $1.5 billion in matching funding. A formal announcement was expected this week but as of Friday evening there was no official word yet from Ottawa.

But the province, which announced it would spend $700 million on the 2026 Winter Games, told CBC that number stands and won’t increase or change.

Mayor Naheed Nenshi issued a statement Friday evening.

“We were surprised to see this number reported for a proposed federal contribution to a potential Calgary 2026 Olympics as negotiations are still underway,” wrote Nenshi.

Calgary 2026 bid corporation’s media spokesperson said the group won’t comment while negotiations with the government continue, but are encouraged that the federal government is “keen.”

Government committed to Olympics

Calgary Liberal MP Kent Hehr didn’t confirm the report to CBC News but said the federal government is committed to the Olympics in Calgary — if that’s what citizens want.

“Our government is committed to putting on a world-class Games should other partners be willing and able to join us in that cause,” Hehr said.

The provincial government has announced it would contribute a maximum of $700 million if Calgary is named the host city.

 The city hasn’t revealed its funding plan yet.

The federal contribution would be contingent on what the the city and province provide, matching their combined total, to a maximum of $1.75 billion. That means the city would have to pledge $1.05 billion to get the full federal amount.

More to come



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Sherwood Park

Sherwood Park is a large hamlet in Alberta, Canada within Strathcona County that is recognized as an urban service area.[7] It is located adjacent to the City of Edmonton’s eastern boundary,[8] generally south of Highway 16 (Yellowhead Trail), west of Highway 21 and north of Highway 630 (Wye Road).[9] Other portions of Sherwood Park extend beyond Yellowhead Trail and Wye Road, while Anthony Henday Drive (Highway 216) separates Refinery Row to the west from the balance of the hamlet to the east.[9]

Sherwood Park was established in 1955 on farmland of the Smeltzer family, east of Edmonton. With a population of 70,618 in 2016,[6] Sherwood Park has enough people to be Alberta’s seventh largest city, but technically retains the status of a hamlet. The Government of Alberta recognizes the Sherwood Park Urban Service Area as equivalent to a city.

History

Sherwood Park, originally named Campbelltown, was founded by John Hook Campbell and John Mitchell in 1953 when the Municipal District of Strathcona No. 83 approved their proposed development of a bedroom community east of Edmonton. The first homes within the community were marketed to the public in 1955. Canada Post intervened on the name of Campbelltown due to the existence of several other communities in Canada within the same name, so the community’s name was changed to Sherwood Park in 1956.
Geography

The Sherwood Park Urban Service Area is located in the Edmonton Capital Region along the western edge of central Strathcona County adjacent to the City of Edmonton.[8] The majority of the community is bound by Highway 16 (Yellowhead Highway) to the north, Highway 21 to the east, Highway 630 (Wye Road) to the south, and Anthony Henday Drive (Highway 216) to the west. The Refinery Row portion of Sherwood Park is located across Anthony Henday Drive to the west, between Sherwood Park Freeway and Highway 16. Numerous developments fronting the south side of Wye Road, including Wye Gardens, Wye Crossing, Salisbury Village and the Estates of Sherwood Park, are also within the community. Lands north of Highway 16 and south of Township Road 534/Oldman Creek between Range Road 232 (Sherwood Drive) to the west and Highway 21 to the east are also within the Sherwood Park urban service area.

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