Alberta
Revitalizing downtown Calgary: Province
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Alberta’s government is investing up to $330 million over five years to support the Calgary Rivers District and Event Centre and revitalize downtown Calgary.
In April 2023, Alberta’s government signed a memorandum of understanding with the City of Calgary and Calgary Exhibition and Stampede Ltd. to invest in infrastructure to support the new event centre while revitalizing Calgary’s Rivers District, the Stampede grounds and downtown. The provincial funding has now been approved by cabinet and Treasury Board.
“Calgary is a city of big dreams, big projects and big expectations. Our investment in the Rivers District is one that helps build Calgary and continues the momentum of revitalization in the downtown core. It’s one more shot of energy for Calgary’s culture, entertainment and business scenes, and the city and province will reap the economic benefits for decades to come.”
The funding will support land acquisition, site utilities and transportation infrastructure for the Calgary arena and entertainment district project. The investment will also cover 50 per cent of the construction costs of a new 1,000-seat community arena that will serve youth and amateur hockey. Once complete, the Rivers is expected to create 1,500 permanent jobs and welcome an estimated 8,000 new residents and three million annual visitors to the Culture and Entertainment District.
“Alberta is proud to be a key funding partner for this project to help ensure Calgary has the infrastructure it needs to support a vibrant events district, enhance the downtown core and promote economic development, now and in the future. This contribution is an investment in the long-term economic sustainability of Calgary’s downtown.”
“This community rink will add to Calgary’s already vibrant downtown. It will provide a hub for athletes and their families to gather, share in a love for sport and make lifelong connections. And the increase in visitors to the area will help spur the local economy.”
“The Calgary Rivers District and Event Centre project will provide a tremendous boost to the local economy and create thousands of planning, design and construction-related jobs. Infrastructure will support our partner ministries in any we can to ensure the project is completed in an efficient and timely manner, and that Calgarians get the top-notch arena and entertainment district they’ve been waiting for.”
“Our province has a strong history of hosting major national and international events. I see great synergy and potential to grow Calgary’s reputation as a global destination for festivals and sporting events through our government’s continued investment.”
The province’s investment in the project includes new transportation infrastructure and improvements to existing transportation infrastructure, indoor and outdoor gathering spaces, a community rink and demolition of the existing Saddledome. Once complete, the Rivers District project will add an estimated four million square feet of mixed-use development (homes, retail, hotels) in Calgary’s Culture and Entertainment District.
Agreements among all parties, including the City of Calgary, Calgary Sports and Entertainment Corporation and Calgary Stampede, have been signed and executed, paving the way for work to begin immediately.
“The completion of this project will bring benefits for all Calgarians, and we’re one step closer to its realization. We are fortunate to have partners, including the Government of Alberta, who realize the enormous potential that this district has for Calgary as a year-round hub of sports, arts and entertainment. It will attract commercial investment to our downtown core and contribute to our city’s vibrancy and economic growth.”
“At this critical moment when we are seeing explosive population growth and increasing private sector interest in our city, the confirmation that our Culture and Entertainment District is proceeding to design and construction phases will generate strong investor confidence. This project will create better public gathering spaces, improved transportation networks, a downtown community rink and an arena to drive events that spur hosting and tourism opportunities, along with creation of jobs in the construction, retail and entertainment sectors.”
Quick facts
- The total project cost is estimated at $1.22 billion:
- The City of Calgary will contribute $537.3 million (44 per cent).
- The remaining $686 million (56 per cent) of the project costs will be covered by the Alberta government ($330 million, 27 per cent) and the Calgary Sports and Entertainment Corp. ($356 million, 29 per cent).
Alberta
Open letter to Ottawa from Alberta strongly urging National Economic Corridor
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Canada’s wealth is based on its success as a trading nation. Canada is blessed with immense resources spread across a vast country. It has succeeded as a small, open economy with an enviable standard of living that has been able to provide what the world needs.
Canada has been stuck in a situation where it cannot complete nation‑building projects like the Canadian Pacific Railway that was completed in 1885, or the Trans Canada Highway that was completed in the 1960s. With the uncertainty of U.S. tariffs looming over our country and province, Canada needs to take bold action to revitalize the productivity and competitiveness of its economy – going east to west and not always relying on north-south trade. There’s no better time than right now to politically de-risk these projects.
A lack of leadership from the federal government has led to the following:
- Inadequate federal funding for trade infrastructure.
- A lack of investment is stifling the infrastructure capacity we need to diversify our exports. This is despite federally commissioned reports like the 2022 report by the National Supply Chain Task Force indicating the investment need will be trillions over the next 50 years.
- Federal red tape, like the Impact Assessment Act.
- Burdensome regulation has added major costs and significant delays to projects, like the Roberts Bank Terminal 2 project, a proposed container facility at Vancouver, which spent more than a decade under federal review.
- Opaque funding programs, like the National Trade Corridors Fund (NTCF).
- Which offers a pattern of unclear criteria for decisions and lack of response. This program has not funded any provincial highway projects in Alberta, despite the many applications put forward by the Government of Alberta. In fact, we’ve gone nearly 3 years without decisions on some project applications.
- Ineffective policies that limit economic activity.
- Measures that pit environmental and economic objectives in stark opposition to one another instead of seeking innovative win-win solutions hinder Canada’s overall productivity and investment climate. One example is the moratorium on shipping crude through northern B.C. waters, which effectively ended Enbridge’s Northern Gateway proposal and has limited Alberta’s ability to ship its oil to Asian markets.
In a federal leadership vacuum, Alberta has worked to advance economic corridors across Canada. In April 2023, Alberta, Saskatchewan and Manitoba signed an agreement to collaborate on joint infrastructure networks meant to boost trade and economic growth across the Prairies. Alberta also signed a similar economic corridor agreement with the Northwest Territories in July 2024. Additionally, Alberta would like to see an agreement among all 7 western provinces and territories, and eventually the entire country, to collaborate on economic corridors.
Through our collaboration with neighbouring jurisdictions, we will spur the development of economic corridors by reducing regulatory delays and attracting investment. We recognize the importance of working with Indigenous communities on the development of major infrastructure projects, which will be key to our success in these endeavours.
However, provinces and territories cannot do this alone. The federal government must play its part to advance our country’s economic corridors that we need from coast to coast to coast to support our economic future. It is time for immediate action.
Alberta recommends the federal government take the following steps to strengthen Canada’s economic corridors and supply chains by:
- Creating an Economic Corridor Agency to identify and maintain economic corridors across provincial boundaries, with meaningful consultation with both Indigenous groups and industry.
- Increasing federal funding for trade-enabling infrastructure, such as roads, rail, ports, in-land ports, airports and more.
- Streamlining regulations regarding trade-related infrastructure and interprovincial trade, especially within economic corridors. This would include repealing or amending the Impact Assessment Act and other legislation to remove the uncertainty and ensure regulatory provisions are proportionate to the specific risk of the project.
- Adjusting the policy levers that that support productivity and competitiveness. This would include revisiting how the federal government supports airports, especially in the less-populated regions of Canada.
To move forward expeditiously on the items above, I propose the establishment of a federal/provincial/territorial working group. This working group would be tasked with creating a common position on addressing the economic threats facing Canada, and the need for mitigating trade and trade-enabling infrastructure. The group should identify appropriate governance to ensure these items are presented in a timely fashion by relative priority and urgency.
Alberta will continue to be proactive and tackle trade issues within its own jurisdiction. From collaborative memorandums of understanding with the Prairies and the North, to reducing interprovincial trade barriers, to fostering innovative partnerships with Indigenous groups, Alberta is working within its jurisdiction, much like its provincial and territorial colleagues.
We ask the federal government to join us in a new approach to infrastructure development that ensures Canada is productive and competitive for generations to come and generates the wealth that ensures our quality of life is second to none.
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Devin Dreeshen
Devin Dreeshen was sworn in as Minister of Transportation and Economic Corridors on October 24, 2022.
Alberta
Premier Smith and Health Mininster LaGrange react to AHS allegations
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Alberta Premier Danielle Smith and Health Minister Adriana LaGrange respond to allegations of political interference in the issuing of health-care contracts.
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