• SHARE:
  • email
  • Bookmark and Share

Alberta premier not budging on Edmonton Oilers arena cash request

CALGARY - Alberta's premier has reiterated the province will not contribute direct cash to help build a new downtown arena for the NHL's Edmonton Oilers.

The Oilers cleared a major hurdle toward getting a new arena by working out a framework deal with the City of Edmonton.

It would see an 18,500-seat arena built in the downtown, but hinges on either the Alberta or federal governments coming up with $100 million for the $450 million project.

The city would pony up $125 million while Oilers owner Daryl Katz would put in $100 million. Another $125 million would come from a user-fee levy on the facility, such as a ticket tax.

"There won't be any direct dollars flowing to the arena. It's a private sector business," said Premier Ed Stelmach at an event in Calgary Wednesday.

"We've always said if they are improvements that can be made to the infrastructure around the proposed arena—LRT, water, sewer all of those that are joint responsibility of the city and the province. But we are continuing to meet."

The federal government has been equally reluctant.

Prime Minister Stephen Harper made it clear earlier this year that his government is not in the pro-hockey business and will not spend taxpayers' money on a professional sports arena or stadium.

The Oilers began beating the drum for a new rink in the Alberta capital four years ago.

Owner Daryl Katz has said the team is losing money in the 37-year-old Rexall Place and told city councillors the NHL team won't play in Rexall after its lease deal expires in 2014.

More Stories

Oilers' Hall ready for season to begin after Edmonton's 3-1 win over Jets

EDMONTON - Taylor Hall looks like he is ready to get the regular season going. Hall, who has...

Justin Schultz leads Edmonton over Calgary 3-1 in split-squad pre-season game

EDMONTON - The Edmonton Oilers may already be wishing they had re-upped Justin Schultz for more...

Gloves off in civil lawsuit over fight between hockey player and Alberta man

CALGARY - The gloves are coming off in a civil lawsuit involving a Calgary Flames' forward...

Edmonton Oilers sign forwards Pitlick, Hamilton to one-year contracts

EDMONTON - The Edmonton Oilers agreed to terms on one-year contracts with forwards Tyler Pitlick...
blog comments powered by Disqus

THN on Twitter

Do you think Capitals star Nicklas Backstrom can eventually pass Mats Sundin as the No. 1 Swedish scorer in NHL history?




Contests

Our Partners