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Calgary homebuilder drops lawsuit against Calgary’s mayor

CALGARY – The legal battle between Mayor Naheed Nenshi and a longtime Calgary homebuilder has come to an end.

Cal Wenzel dropped his lawsuit Tuesday.

The Shane Homes CEO was seeking $6-million in damages for remarks made by the mayor during the 2013 election campaign.

The comments followed the release of a secretly taped video uncovered by Global News.

In it, Wenzel spoke about the need to defeat city councillors who were considered anti-development.

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WATCH: What Cal Wenzel has to say about each city councillor

In a media interview, Nenshi referenced the movie The Godfather in relation to Wenzel. In a joint statement, he now retracts that comment and apologizes for it:

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The mayor had always denied the defamation allegation and filed his own statement of defence.

A trial was scheduled for this coming February, but, on Tuesday, the two sides came to a mutual agreement and settled the lawsuit – without costs.

Cal Wenzel and Mayor Nenshi have agreed to keep all terms of the settlement confidential.

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