The Springbank off-stream reservoir to protect Calgary from flooding will receive up to $168.5 million in federal funding, moving it a step closer closer to becoming a reality. Federal Environment Minister Jonathan Wilkinson made the announcement in Calgary on Tuesday, and after he approved the project earlier this month in light of a report issued by the Impact Assessment Agency of Canada. It concluded the Elbow River reservoir is unlikely to cause significant adverse environmental effects with mitigation measures in place.