Calgary arena

Calgary Arena: A Whopping $1 Billion Total Cost

Calgary's new arena deal has been making headlines lately, and for good reason. According to Don Braid, the total cost of the new arena is more than $1 billion, which is significantly higher than the original estimate. This news has left many Calgarians wondering if the cost is worth it.

The Benefits of a New Arena

Despite the high cost, there are several benefits to building a new arena in Calgary. For one, it will provide a modern and state-of-the-art facility for sports teams and events. This will attract more visitors and generate more revenue for the city. Additionally, the new arena will create jobs and boost the local economy.

The Cost of Progress

While the cost of the new arena may seem steep, it's important to remember that progress often comes at a price. The new arena will be a valuable asset for Calgary and will help put the city on the map. It's also worth noting that the cost will be spread out over several years, making it more manageable for taxpayers.

The new Calgary arena may be expensive, but it's a necessary investment for the city's future. With a modern facility, increased revenue, and job creation, the benefits of the new arena are clear. While the cost may be a concern for some, it's important to remember that progress often comes with a price tag.