Alberta government, City of Calgary expected to provide update on Flames arena deal

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Alberta government, City of Calgary expected to provide update on Flames arena deal
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A $1.2-billion deal to replace Calgary's aging Saddledome with a new National Hockey League arena could be finalized as early as this afternoon.

A $1.2-billion deal to replace Calgary’s aging Saddledome with a new National Hockey League arena could be finalized as early as this afternoon., Calgary Sports and Entertainment Corp. and Calgary Stampede reached an agreement in principle in late April.

Council’s event centre committee is meeting this morning and a news conference has been scheduled for this afternoon at Calgary City Hall with Premier Danielle Smith, Mayor Jyoti Gondek and other officials.

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