The city and Calgary Flames and Entertainment agreed in 2019 to split the cost of the new building on a parcel of land just north of the Saddledome.

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.

A special meeting of council is scheduled for Monday, as councillors are expected to discuss and vote on terms to enter negotiations with the Calgary Sport and Entertainment Corporation.

City council's event centre committee spent Wednesday afternoon going over a term sheet for a $600 million facility negotiation.

The plan shows a new, potential event centre nestled between a few buildings located slightly east of where the Saddledome is now.