Globalnews iconGlobalnewsOct 2, 2026 ~5 min source read

U.S.-based firm named top-ranked bidder for Prospera Place management; incumbent asks for transparency

GSL Group, which has managed Kelowna’s Prospera Place for more than 20 years, says the city should release competing bids and explain why Oakview Group Canada — a Canadian division of a U.S.-owned company — ranked highest for the next management contract.

U.S.-based firm could win Prospera Place contract

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GSL Group questions the procurement process after Oakview Group Canada was announced as the top-ranked bidder for Prospera Place management.

The city says no contract has been finalized and will consider releasing high-level contract details once a contract is executed.

GSL publicly disclosed its own bid terms: $75,000 per year management fee and returning 97% of arena profits.

The useful part

Press the share icon on your browser Select Add to Home Screen Press Add Comments Close comments menu Want to discuss? Hide message bar 2:14 U.S firm could win Prospera Place contract The BC company that manages Kelowna's Prospera Place is raising concerns that it may be losing the contract to an American firm. The City says a final decision has not been made but, as Klaudia Van Emmerik reports, GSL Group is calling for greater transparency.

How it works

  • "It's just important given the circumstances, you know, with the federal government and the provincial government pushing on government procurement to try to work with Canadian companies," Lee added.
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  • "I think it's important that the information be released and be a little bit more transparent about what the process is," Graham Lee, president and CEO of GSL Group told Global News.
  • In October, the city announced Oakview Group Canada as the successful bidder for the project, which has a Canadian division but is American owned.

What to take from it

Write a comment Required fields are marked with an asterisk (*). GSL says the public deserves to know the competing bids and why the city made that choice. travel boycott Indigenous groups given just 2 months to consult on Pacific Link pipeline designation As Texas declares state of emergency over fuel shortage, what's dyed diesel U.S.

Example or evidence

  • They added that once the process is complete and a contract has been executed, the city may release high-level information that includes the overall contract value and a general description of the services...
  • Story continues below advertisement Mayoral candidate and incumbent councillor Ron Cannan wants to review procurement despite having been part of the council that made the decision on the new operator.
  • "As far as the decision what has been made, that's made in-camera, so I can't comment on it," he said.
  • "But obviously, we're in this position, you know, I've been advocating to review our procurement policies." Lee maintains that his calls for transparency are more about the community's best interests over...

Details worth keeping

U.S.-based firm could win Prospera Place contract. LNG Canada gets final green light for expansion LNG Canada's $30B Phase 2 project gets green light LNG Canada approval comes amid provincial election campaign Get breaking National news Get breaking Canada news delivered to your inbox as it happens so you won't miss a trending story. Incumbent mayor and mayoral candidate Tom Dyas was not able to respond on camera due to what was described as a busy schedule, but the city did issue a statement saying that while Oakview Group, which also runs South Okanagan Event Centre, was the top-ranked selection, a contract has not yet been finalized.

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