Alberta NDP Leader Rachel Notley claims there are "secret deals" and Alberta Premier Danielle Smith is hiding the details concerning the building of a new $1.22-billion NHL-sized arena and entertainment district in Calgary.."Any premier seeking to lead this province should also have the trust of citizens of this province enough to share all the facts," Notley said.."The prime numbers on the Calgary arena deal were released yesterday. Today we learned there exists a confidential financial agreement between the parties that identify additional financial liabilities by taxpayer's contributions beyond the $807 million announced yesterday.".Notley said the are details the Alberta public deserves to know along with who is responsible for the share of cost overruns and who is financing..The new arena is planned to be built at 14 Ave. and 5 St. S.E..READ MORE: Notley says Calgary arena deal needs more thought.The City of Calgary will pay $537.3 million to fund the development of the event centre, parking structure, enclosed plaza, and 25% of the community rink..Calgary Sports and Entertainment Corporation will pay $40 million upfront and $17 million per year, increasing 1% per year, over 35 years to offset Event Centre costs, parking, the enclosed plaza, and 25% of the community rink — $356 million in present value; $750 million-plus over the 35 year term..The province ponies up $330 million.Calgary city council voted unanimously Tuesday to forge ahead with the proposals.."We're told the agreement will be kept confidential or, in other words, secret for the next six to eight weeks, basically through election day, until a definitive agreement is signed," Notley said.."We also understand this deal includes additional development for the land around the arena giving exclusive development rights to the Calgary Sports and Entertainment Corporation for decades to come.".Notley said none of these "secret financial documents" are available to her team, "or more importantly, even to the broader public."."I think it's disrespectful to voters for Danielle Smith to try to make this an election issue for Albertans at the same time that she's working to hide the details of the deal," Notley claimed.."You know, you wouldn't buy a pickup truck after only seeing pictures of the body and cap with no details on the mileage or payment plan.".Smith in the UCP's "extreme level of secrecy is deeply concerning."."It should raise the neck hairs of every single Calgarian and Albertan.".Notley then claimed, "Albertans deserve the whole story."."I'm calling on Danielle Smith today to release the full terms of the deal," Notley said.."Personally, I don't trust Danielle Smith.".Notley told the media if she becomes the premier she will review and release the full details.
Alberta NDP Leader Rachel Notley claims there are "secret deals" and Alberta Premier Danielle Smith is hiding the details concerning the building of a new $1.22-billion NHL-sized arena and entertainment district in Calgary.."Any premier seeking to lead this province should also have the trust of citizens of this province enough to share all the facts," Notley said.."The prime numbers on the Calgary arena deal were released yesterday. Today we learned there exists a confidential financial agreement between the parties that identify additional financial liabilities by taxpayer's contributions beyond the $807 million announced yesterday.".Notley said the are details the Alberta public deserves to know along with who is responsible for the share of cost overruns and who is financing..The new arena is planned to be built at 14 Ave. and 5 St. S.E..READ MORE: Notley says Calgary arena deal needs more thought.The City of Calgary will pay $537.3 million to fund the development of the event centre, parking structure, enclosed plaza, and 25% of the community rink..Calgary Sports and Entertainment Corporation will pay $40 million upfront and $17 million per year, increasing 1% per year, over 35 years to offset Event Centre costs, parking, the enclosed plaza, and 25% of the community rink — $356 million in present value; $750 million-plus over the 35 year term..The province ponies up $330 million.Calgary city council voted unanimously Tuesday to forge ahead with the proposals.."We're told the agreement will be kept confidential or, in other words, secret for the next six to eight weeks, basically through election day, until a definitive agreement is signed," Notley said.."We also understand this deal includes additional development for the land around the arena giving exclusive development rights to the Calgary Sports and Entertainment Corporation for decades to come.".Notley said none of these "secret financial documents" are available to her team, "or more importantly, even to the broader public."."I think it's disrespectful to voters for Danielle Smith to try to make this an election issue for Albertans at the same time that she's working to hide the details of the deal," Notley claimed.."You know, you wouldn't buy a pickup truck after only seeing pictures of the body and cap with no details on the mileage or payment plan.".Smith in the UCP's "extreme level of secrecy is deeply concerning."."It should raise the neck hairs of every single Calgarian and Albertan.".Notley then claimed, "Albertans deserve the whole story."."I'm calling on Danielle Smith today to release the full terms of the deal," Notley said.."Personally, I don't trust Danielle Smith.".Notley told the media if she becomes the premier she will review and release the full details.
