Feds to spend $166 million to help expand Calgary’s BMO Convention Centre

Click to play video: 'Federal government announces funding to revamp BMO Centre' Federal government announces funding to revamp BMO Centre
WATCH: The City of Calgary is getting a funding boost from the federal government for the planned expansion of the BMO Centre. Lisa MacGregor reports – Mar 12, 2019

The federal government will help bankroll the expansion of the largest convention centre in Calgary.

Ottawa says it will contribute $166.6 million toward a project that aims to more than double the size of the BMO Convention and Trade Centre.

Infrastructure Minister Francois-Philippe Champagne says the project will transform the BMO Centre with new spaces for conferences, meetings, exhibitions and consumer shows.

READ MORE: Calgary’s BMO Centre expansion plans now front and centre with new funding model

Once complete it could host larger conventions and events, boosting tourism.

The government says the project is expected to create more than 1,800 jobs during construction and 500 new full-time positions once complete.

The provincial government and the city are each providing the remaining two-thirds of the funding.

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“An expanded convention centre is a key part of Calgary’s plans for downtown,” Mayor Naheed Nenshi said in a release Tuesday.

“Not only will this investment in the BMO Centre create jobs, this project is an opportunity to boost Calgary’s travel and tourism sector and our overall economy.”

WATCH: City councillors will be talking about several major civic projects on Monday, including the BMO centre, Arts Commons renovations and a new event centre and arena in Victoria Park.

Click to play video: 'New civic projects for Calgary to be discussed at council Monday' New civic projects for Calgary to be discussed at council Monday
New civic projects for Calgary to be discussed at council Monday – Jan 24, 2019

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