Alberta’s premier says the tentative deal between the province, the City of Edmonton and the Oilers Entertainment Group (OEG) meant to draw more visitors and residents Downtown demonstrates a commitment to fairness between the province’s two largest cities. The deal would be “absolutely transformative” for Edmonton’s Downtown, Premier Danielle Smith said at a news conference […]
Alberta, Edmonton, and Oilers Entertainment Group (OEG) reached a tentative $250 million deal for a new event park downtown, with funding from the province ($97 million), the city ($69 million), and OEG ($84 million). Premier Smith calls the deal "transformative" and "ruthlessly fair" to both Edmonton and Calgary, addressing Edmonton's prior concerns about funding equity. The deal follows lobbying efforts by both OEG and the City of Edmonton. Final plans are expected by August.
