The Calgary Flames have withdrawn from their new arena plans!

The mayor of Calgary Jyoti Gondek announced via her Twitter on Tuesday night that the Flames intend to withdraw from a major arena project. The plan was announced in 2019.

«The City came to the table to assist with $6.4m in roadways leaving $9.7m for the Flames. Based on this gap, CSEC informed me they are walking away from our deal,» the mayor wrote on Twitter. «On a project worth over $650m, to have one party walk away for 1.5% of the value of the deal is staggering.»

Credit: HF

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