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Business

Business & Economics

Council asked to defer nearly $900M in capital spending, including event centre

calgaryherald
Summary
Nutrition label

70% Informative

$294.5 million for the Scotia Place event centre would be pushed to 2026 and 2027 .

A further net reduction of $102 million is recommended for 2026 capital budget.

The proposed recalculation would reduce 2025 capital budget spending to about $2.4 billion .

The adjustments serve to more accurately reflect timing of anticipated city spending, report states.

VR Score

84

Informative language

90

Neutral language

87

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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