Flames owners say agreement with Calgary on new arena is officially terminated

Jan 4, 2022

The company that owns the NHL's Calgary Flames says an agreement with the city on the construction of a new arena to replace the aging Scotiabank Saddledome has been terminated.

Calgary Sports and Entertainment Corporation said in a release Tuesday that the agreement was ended when neither the city nor CSEC waived "construction conditions" by Friday.

Source: CTV News Calgary