Someone please correct me if I'm wrong, but the City has already committed to building a fieldhouse. If we are rolling that cost into the Olympic bid to have that matched, that seems like a win. Same with the "5000 seat arena" which I am assuming is funding earmarked for a Saddledome replacement. In that sense, the City is spending ~$400 million that they would have anyways, but by including it in the Olympic bid, we are getting additional funding from the provincial and federal governments.
If we assume that the games can be done close to the budget they've proposed, is that not a big win for Calgarians?
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