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​Cultivating a legacy for our city

You don't have to look far to see signs of ENMAX's core business around Calgary - from the brightly lit office towers that colour the city's skyline, to the meter reader on your street, to the poles and wires that deliver electricity to your home.

But have you ever paused to reflect on the soldier's memorial while jogging along Memorial Drive, watched your kids swing from the monkey bars in the Devonian Gardens, or enjoyed lunch in Calgary's oldest surviving park, Central Memorial?  These are just some of the enhancements to parks around the city made possible in part by the ENMAX Legacy Parks Program.

From 1998 to 2016, ENMAX has contributed more than $869 million in dividends to the City of Calgary, our sole shareholder. Since 2003, the City has dedicated a portion of the dividend it receives to the ENMAX Legacy Parks Program. The program has been instrumental in providing lifecycle improvements and upgrades to some of Calgary's existing parks, and acquiring and developing new green spaces to cultivate a legacy for all Calgarians to enjoy.

To date, the city has invested over $135 million in Calgary parks through the program. Most recently, the City announced that Confederation Park would be receiving several upgrades to coincide with its 50th anniversary, with some of the funding coming from the ENMAX Legacy Parks program. Nose Hill Park, Reader Rock Garden and the Inglewood Bird Sanctuary are just a few more areas of recreation and respite that have been revitalized with assistance from these funds.

To see a full list of completed and upcoming projects under the ENMAX Legacy Parks Program, visit the City of Calgary website.

 

Year

Dividend amount ($)

199827,991,000
199933,958,000
200029,889,000
200130,000,000
200235,000,000
200350,000,000
200450,400,000
200550,000,000
200650,000,000
200750,000,000
200850,000,000
200955,000,000
201061,800,000
201155,600,000
201256,000,000
201367,500,000
201460,000,000
201556,000,000
Total869,138,000
2016 (declared)47, 000, 000

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