YCE Revised Budget

A new budget has been approved for the joint recreational multiplex project.

While work is already underway on the YCE Multiplex project, Town of Edson and Yellowhead County Councils have both approved a revised budget for the facility.

Both Councils have approved an increase in the budget to $86.77 million, an increase of approximately $6.5 million from the previously approved budget.

With the latest round of tenders coming in higher than anticipated, the Town of Edson and Yellowhead County were faced with a decision of increasing the budget, or cutting substantial portions of the project, including the gymnasium space and walking track. After discussion with the Steering Committee, both Councils approved the funding increase, noting the importance of these new spaces for the community.

"Prices continue to climb across our economy, and we're seeing it first-hand with this project.  Approving an increase to the project's cost is a tough decision, but we had to weigh these cost increases against not including these important features in the multiplex or increased costs to add them later. We felt this was the best option for our residents." 
-Mayor Wade Williams, Yellowhead County

Several factors contributed to the increased project cost:

• Escalating market conditions (commodity pricing, exchange rates, and labour shortages)
• Design development, particularly for the gymnasium component
• A required $600,000 firewall to meet exiting and fire suppression requirements
• Trade tariff uncertainty

“Ensuring that we have a facility that delivers on the amenities we initially approved has been a priority for Town Council.   We have made adjustments over the last number of months to reduce costs where possible while maintaining the integrity of the project, however a budget increase is required.  The Town has been proactive in setting funds aside over the last number of years to ensure that if this scenario occurred, we would have funding available to manage the cost.”
-Mayor Kevin Zahara, Town of Edson

The funding breakdown will now be $20 million from the Investing in Canada Infrastructure Program (ICIP) and $33.39 million each from the Town of Edson and Yellowhead County. Parts of the municipal funding is expected to be offset by the Provincial Local Government Fiscal Framework grant (LGFF), making this a true partnership between all three levels of government.

This modern, regional facility is expected to open in 2027 and will provide expanded recreational space and enhance the quality of life for Town and County residents. It is also expected to become a central hub for community gatherings, sports activities, cultural events, and more.

More information is available by visiting www.ycemultiplex.ca.