08/31/2026
๐๐ซ๐๐ง๐ ๐๐ฎ๐ฅ๐ญ๐ข๐ฉ๐ฅ๐๐ฑ: ๐ ๐๐จ๐ฆ๐๐๐ฒ ๐จ๐ ๐๐จ๐ฌ๐ญ๐ฌ, ๐๐จ๐ง๐๐ฎ๐ฌ๐ข๐จ๐ง ๐๐ง๐ ๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐๐ฅ๐๐ง๐ฌ
Since the 2024 Alternative Approval Process (AAP), knowing what we're building, what it will cost and what taxpayers will ultimately pay has become increasingly difficult.
With Council being asked Tuesday, September 1 to set the final direction for the Arena Multiplex, here's some information to consider.
๐. ๐๐ก๐๐ญ ๐๐ข๐ ๐ญ๐๐ฑ๐ฉ๐๐ฒ๐๐ซ๐ฌ ๐๐ฉ๐ฉ๐ซ๐จ๐ฏ๐?
During the 2024 AAP, the City's official public notice advised residents the estimated cost of the Arena Multiplex was $140 million, with a facility that would house up to four rinks.
Residents were asked to approve $125 million in borrowing for the project.
At the time, there was concern from some residents about โblank-cheque borrowingโ as there were no plans or business case for the large project.
๐. ๐๐ก๐๐ซ๐ ๐๐ข๐ $๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐จ๐ฆ๐ ๐๐ซ๐จ๐ฆ?
The report coming to Council Tuesday says an โinitial base program budget of $175 million (in 2024 dollars)โ was proposed during the project's early planning, before staff were instructed to establish the borrowing bylaw for the AAP.
๐๐ก๐ฒ ๐ฐ๐๐ซ๐ ๐ซ๐๐ฌ๐ข๐๐๐ง๐ญ๐ฌ ๐ญ๐จ๐ฅ๐ ๐ญ๐ก๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ ๐๐จ๐ฌ๐ญ ๐ฐ๐๐ฌ $๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ฐ๐ก๐๐ง ๐๐ง ๐ข๐ง๐ข๐ญ๐ข๐๐ฅ $๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐๐ฌ๐-๐ฉ๐ซ๐จ๐ ๐ซ๐๐ฆ ๐๐ฎ๐๐ ๐๐ญ ๐ก๐๐ ๐๐๐๐ง ๐ฉ๐ซ๐จ๐ฉ๐จ๐ฌ๐๐?
We have found no public record explaining what happened to the $175 million proposal, when or why it may have changed, or why the public was given the $140 million budget figure instead.
๐. ๐๐จ๐ซ๐ ๐ฆ๐จ๐ง๐๐ฒ, ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ?
Council is now being asked to choose the final direction for the Arena Multiplex, with three development scenarios ranging from a $161.6 million base program to a future five-sheet multiplex costing up to $188.2 million.
Staff are recommending the $168.1 million option, with three NHL-sized rinks, a mini rink and library.
That's $28.1 million more than the $140 million estimate, and the scope has changed again.
The full $168.1 million isn't currently funded. The funding plan includes $125 million in borrowing, $4 million from reserves, a $4.5 million TNRD contribution and a $20 million fundraising and sponsorship target. It also requires another $8.1 million through future capital prioritization and $6.5 million for the recommended mini rink.
๐. ๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐๐จ๐ฌ๐ญ๐ฌ ๐๐จ๐ซ ๐ญ๐๐ฑ๐ฉ๐๐ฒ๐๐ซ๐ฌ?
In 2024, the City estimated taxpayers would subsidize the multiplex by about $656,000 a year.
By July 2025, the City estimated annual operating costs of $4 million, with revenues of approximately $1.2 million - leaving a net operating cost of about $2.8 million a year.
The report doesn't say how much of the $2.8 million would be funded through taxation, but it appears taxpayers will pay more than originally projected.
Council is being asked to choose the final project scope without updated operating cost estimates for the options before them.
Staff say those numbers will come later.
๐. ๐๐ง๐๐๐ซ ๐ญ๐ก๐ ๐๐ซ๐ข๐ ๐ข๐ง๐๐ฅ ๐๐ฎ๐๐ ๐๐ญ - ๐จ๐ซ ๐ญ๐ก๐ ๐๐๐ฐ ๐๐ฎ๐๐ ๐๐ญ?
The report promotes Integrated Project Delivery (IPD) - where the City, designers and contractors work together under a shared agreement - over the traditional model, where a project is designed and then tendered for construction.
It claims that more than 90% of traditionally delivered projects over $100 million exceed their budgets, while fewer than 10% of IPD projects do.
No source is provided for those figures.
But what does โunder budgetโ really mean when the budget itself changes?
We saw this with the Kamloops Centre for the Arts. Residents were told the estimated project cost was $154 million when they were asked to approve the borrowing. The budget later increased to $166 million, and then again to $211 million.
The City later said the original $154 million figure did not include soft costs or an additional parkade - but those costs should have been known and included ๐๐๐๐จ๐ซ๐
residents were asked to approve the borrowing.
The City now uses the $211 million budget as the benchmark, instead of the original $154 million budget - effectively erasing the $57 million increase.
๐๐ญโ๐ฌ ๐๐๐ฌ๐ฒ ๐ญ๐จ ๐ฌ๐ญ๐๐ฒ โ๐ฎ๐ง๐๐๐ซ ๐๐ฎ๐๐ ๐๐ญโ - ๐๐ง๐ ๐ฐ๐ข๐ง ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ฐ๐๐ซ๐๐ฌ - ๐ฐ๐ก๐๐ง ๐ฒ๐จ๐ฎ ๐ฆ๐จ๐ฏ๐ ๐ญ๐ก๐ ๐ ๐จ๐๐ฅ๐ฉ๐จ๐ฌ๐ญ๐ฌ.
๐๐๐ก๐: ๐โ๐ "$25 ๐๐๐๐ข๐๐ ๐ก๐๐ฅ ๐๐๐๐๐๐๐ ๐ ๐๐ฃ๐๐ 5 ๐ฆ๐๐๐๐ " ๐ โ๐๐ค๐ ๐๐ ๐กโ๐ ๐๐๐๐ ๐ก ๐ ๐๐๐๐๐๐ โ๐๐ก ๐๐๐ ๐๐๐ก ๐๐๐๐ ๐๐ ๐๐ฅ๐ก๐๐ $25 ๐ ๐ฆ๐๐๐ ๐๐๐ ๐๐๐๐ฆ ๐๐๐ฃ๐ ๐ฆ๐๐๐๐ . ๐ด๐๐๐ข๐ก $25 ๐ค๐๐ ๐๐๐๐๐ ๐๐๐โ ๐ฆ๐๐๐, ๐๐๐๐โ๐๐๐ ๐๐๐๐ข๐ก $125 ๐๐๐๐ ๐๐๐ ๐ฆ๐๐๐ ๐๐ฆ ๐๐๐๐ 5.
๐โ๐ ๐๐๐๐๐๐๐ ๐ ๐๐๐๐ ๐'๐ก ๐๐๐ ๐๐๐๐๐๐ ๐๐๐ก๐๐ ๐๐๐๐ 5 - ๐๐ก ๐๐๐๐๐๐๐ ๐๐ข๐๐๐ก ๐๐๐ก๐ ๐ฆ๐๐ข๐ ๐๐๐๐๐๐๐ก๐ฆ ๐ก๐๐ฅ๐๐ ๐๐๐๐ ๐กโ๐๐ ๐๐.
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