Flames Agree to $800 Million Arena Deal With City, Province

An agreement reached to build a new arena to replace the Scotiabank Saddledome as the home of the Calgary Flames.
The city of Calgary will contribute $537.3 million, the Flames owners will pay $356 million, and the province of Alberta will provide $330 million, including land.
The total cost of the project is estimated at $1.2 billion Canadian dollars.
The new arena will be part of a larger entertainment district including parking, transit, and community facilities.
The deal still needs to be finalized but discussions will begin this spring and summer.