How Will The New Facility Be Funded?

City Council has budgeted $69.4 million for the new facility. The investment required for the new facility is significant and the City has commited $10 million from its Building and Infrastructure Fund, with the balance expected from external sources including other levels of government.  

As this project aligns well with the objectives of federal and provincial government funding programs, the City is actively engaged with these potential partners. The prospect for support by all levels of government toward this valued community facility is an exciting one, and may remove the requirement for the City to hold a referendum in order to borrow additional funds to complete the project.