The Province of Alberta built and owns the current weir. The weir needs to be modified so it is safe and ecologically functional, while providing recreational opportunities and a healthy environment for people and fish. The estimated cost of the weir project is $6.4 million. The parties contributing to this cost are: the Province of Alberta through the Alberta Lottery Fund ($3.4 million), The Calgary Foundation ($2 million), and The City of Calgary ($1 million).