CONSTRUCTIONPENDING

Banff Approves $6.46M Staff Housing Project with Parks Canada

The Town of Banff will finance up to $6,462,210 via borrowing in partnership with Parks Canada to develop 14 units of staff housing on Squirrel Street. The borrowing bylaw was scheduled for final approval on May 26, 2026, and the project will be repaid through rental revenue.

Status
PENDING
Document date
May 26, 2026
Contract type
CONSTRUCTION
Vendor
Parks Canada
Agency
Town of Banff · Canada

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$6,462,210
Contract type
CONSTRUCTION
Contract term
Not to exceed 15 years
Renewal date
2041-06-26
Renewal
15-year maximum debt; repayments from staff housing rental revenue; not tax supported; bylaw final after court period ends.
Document type
Agenda
Source document
Town of Banff Agenda Regular Meeting of Council 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Town of Banff?

Parks Canada was awarded this construction contract by Town of Banff, as recorded on May 26, 2026. The contract value is $6,462,210.

How much is the Parks Canada contract with Town of Banff worth?

The Parks Canada contract with Town of Banff is valued at $6,462,210, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Banff Agenda Regular Meeting of Council 2026-05-26 (Agenda), dated May 26, 2026 from Town of Banff. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Parks Canada hold?

Parks Canada may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Parks Canada's profile

What is Town of Banff currently buying?

Explore Town of Banff's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Banff's profile

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