Funding for this project was announced on June 25, 2012. Its total cost is estimated to be over $181 million. Federal funding for this project comes from the Building Canada Fund - Major Infrastructure Component, under which the Government of Canada is setting aside up to one-third of total eligible costs, to a maximum federal contribution of $46,646,667. The Province of Manitoba and City of Winnipeg are each contributing up to $51 million. The balance of funding will come from new incremental property tax revenues from an integrated hotel and commercial development adjacent to the RBC Convention Centre Winnipeg, as well as additional revenue generated by the RBC Convention Centre Winnipeg.For additional information about federal investments in infrastructure and to stay up-to-date with Infrastructure Canada Web feeds, visit www.infrastructure.gc.ca.
Winnipeg Convention Centre Name To Change
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts