• 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

Ryan Smyth sent out in style as Edmonton Oilers beat Vancouver Canucks 5-2

EDMONTON - It wasn't much of a season, but the Edmonton Oilers managed to go out with a...

Longtime Edmonton Oiler Ryan Smyth announces retirement after 18 NHL seasons

EDMONTON - Edmonton Oilers forward Ryan Smyth is calling it a career after tipping in shots and...

Edmonton Darnell Oilers assign 2013 draft pick Nurse to AHL Oklahoma City Barons

EDMONTON - The Edmonton Oilers assigned defenceman Darnell Nurse to the American Hockey League's...

Edmonton Oilers forward Taylor Hall named NHL's first star of the week

NEW YORK, N.Y. - Edmonton Oilers forward Taylor Hall is the NHL's first star of the week after...
blog comments powered by Disqus

THN on Twitter

Which team will win Game 1 of the Dallas-Anaheim series?




Contests

Our Partners