Event centre deal a cornerstone to city vibrancy and talent attraction, critical investment opportunity at-risk

The following statement on the end of the event centre deal is attributable to Deborah Yedlin, President and CEO of the Calgary Chamber of Commerce:

Calgary, December 22, 2021 – “Yesterday’s disappointing news regarding Calgary’s future event centre represents more than the potential loss of a new sports venue for Calgary. Abandoning this project would compromise critical investments in community vibrancy, talent attraction and economic recovery - all of which are more important than ever before.

“The event centre represents an investment that comes with immediate and long-term benefits. From job creation and the positive impact on property tax generation, to community engagement programming, support for local sports organizations and the ability to hold concerts and other cultural events, this venue represents a critical economic and social stimulus needed to reinforce Calgary’s position as a world-class city.

“At this critical stage of the development process - and given the resources already invested - the business community encourages shareholders and stakeholders to demonstrate flexibility and finalize this agreement for the benefit of Calgarians today and tomorrow.”

About the Calgary Chamber

The Calgary Chamber is an independent non-profit, non-partisan business organization. For 130 years, the Chamber has worked to build a business community that nourishes, powers and inspires the world.

For media inquiries, please contact Arianne Brady, Communications Manager, at media@calgarychamber.com or at 403-750-0414.