Budget Breakdown of Calgary 2026 Winter Olympic Bid

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calgary-2026-winter-olympic-bid-original-budget-2017The first rough budget, presented to City Council in the summer of 2017, for the Calgary 2026 Winter Olympic Bid was CDN $4.6B. (Click the pie chart to the right).

After spending about $30 Million on a more formal evaluation, a more thoughtful budget of CDN $5.23B was presented to Calgary Council in September 2019.  Here is a breakdown of the proposed spending.

NOTE: Be sure to skim through Calgary 2026 Winter Games Construction, Scale, Support & Budget In Pictures

What Calgary 2026 Builds or Improves:

NEW Facilities Description
Multi-Sport Complex (Fieldhouse) 400m track, court and other sports for recreation, university and high performance sport use – Olympic Figure Skating & Short Track Speed Skating
Community Arena (Mid-Size) 5,000-6,000 seat hockey arena to replace current near end of life facilities (Calgary Corral, Father David Bauer Arena)

 

Existing Facility Upgrades Description 
McMahon Stadium New washrooms, seats, kitchens, ops center, entry plaza, ticketing and fan zone
Olympic Oval Revitalizing a 31-yr-old oval and its mechanical systems for university, community recreation and high performance sport
BMO Centre and  Big 4 Centre General upgrades to the Stampede Park including sound & lighting improvements benefit future events and conferences
Scotiabank Saddledome Structural, mechanical, accessibility upgrades
WinSport Sliding Track Improved course facilities for safety, athlete training and community use
WinSport Ski Hill New or upgraded day lodge & lighting
Nakiska (Canmore) Course, safety & Environmental improvements
Canmore Nordic Centre Upgraded training facilities for Canada’s national Biathlon and Cross Country Skiing teams
Whistler Olympic Park (BC) Ski Jumping & Nordic Combined events held at 2010 Olympic venues
Curling Centre Options for a competition venue for staging the Olympic Curling events are currently under review

 

Calgary 2026 Budget:

PUBLIC FUNDING OF LEGACY INVESTMENTS (in CDN $ millions) 2018 2026
VENUES AND HOUSING
Renewed venues (including project contingencies) $502 $584
New venues (including project contingencies) $403 $478
Housing (including project contingencies) $583 $748
Unrestricted program contingency ($50m venues; $40m housing) $90 $113
Program management fee $4 $5
SUBTOTAL VENUES AND HOUSING $1,582 $1,928
LEGACY FUND $180 $180
TOTAL PUBLIC FUNDING—LEGACY INVESTMENTS $1,762 $2,108
Unrestricted Games Contingency $120 $120
Essential Services (estimate) $300 $337
Security (estimate) $610 $685
Government Contribution to Paralympic Games $218 $245
TOTAL PUBLIC FUNDING—GAMES OPERATIONS $1,248 $1,387
TOTAL PUBLIC FUNDING REQUEST $3,010 $3,495
FUNDING OF HOSTCO OPERATIONS
IOC Contribution (broadcast & TOP sponsors) $751 $835
Other revenues (sponsors, tickets, merch…) $1,404 $1,582
Revenue $2,155 $2,417
Grand Total $5,165 $5,912

If you want even more detail you can dig through the 87 page official Hosting Plan HERE.

In case you are wondering the 1988 Calgary Olympic Winter games cost CDN$829,000,000 which was 55% over budget.

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