Calgary Stampede receives $10M from federal government to aid recovery from pandemic
CALGARY – The Calgary Stampede has received more than $10 million from the federal government to help it bounce back after last year’s event was scaled down due to the COVID-19 pandemic.
A report to the city this week showed the Stampede had an operating loss of $8.3 million in 2021.
Last year’s Stampede ran at half capacity because of COVID-19 public health measures and was cancelled altogether the year before.
Daniel Vandal, the federal minister for Prairies Economic Development Canada, says the money aims to support a full-scale Stampede to deliver the “authentic western experience” this year.