Proposed Riverfront Park At The Calgary Stampede Grounds (Photo: Business Wire)

Cenovus Energy Inc. (TSX, NYSE: CVE) today announced a $1.5 million donation to the Calgary Stampede Foundation to create Western Heritage Trail in the Stampede’s new Riverfront Park.
Proposed Riverfront Park at the Calgary Stampede grounds (Photo: Business Wire)

Proposed Riverfront Park at the Calgary Stampede grounds (Photo: Business Wire)

Western Heritage Trail will be part of a year-round public space on the east side of Stampede Park, winding along the eastern banks of the Elbow River and connecting to Calgary’s pathway system. The 310-metre trail is being designed as an open-air museum, highlighting Calgary’s history as part of Riverfront Park’s overall focus on western heritage and the environment. The trail will include interpretive signage and six culturally relevant sculptures. Two of the sculptures will welcome visitors at the 12th Avenue S.E. entrance, with four more along the five-metre wide trail to complete the learning experience.

“Western Heritage Trail in Riverfront Park will contribute to a vibrant community meeting space that will be open to student learning opportunities and cultural events,” said Vicki Reid, Cenovus Director of Community Affairs. “We’re glad to give back in this way as it touches on so many of the areas Cenovus supports through its community giving, including recreation, conservation and education.’’

Riverfront Park will be a new community gathering place, bringing people to the area for relaxation, recreation and entertainment. The area currently includes old growth trees, native grasses, migratory bird nesting areas and rehabilitated riverbanks. Land that was used for light industrial purposes is being reclaimed as part of the project. Once open, the park will serve as the new home to Indian Village during the 10-day Calgary Stampede.

“Thanks to Cenovus’s support, Western Heritage Trail will be a focal point of Riverfront Park,” said Sarah Hayes, Executive Director of the Calgary Stampede Foundation. “It will tell Calgary’s history in a stunning natural environment that connects to Calgary’s extensive pathway system.”

If you liked this article you might like

These Stocks Are Ready to Reverse Course

Exclusive: ConocoPhillips to Sell Large Mid-Continent Gas Portfolio

ConocoPhillips Is About to Get Smoking Hot

Strength of the Market; Peak Oil Price: Jim Cramer's View

Busting the Shorts : Cramer's 'Mad Money' Recap (Thursday 3/30/17)