Organizer Susan Taylor tells CHSJ news the event is extra exciting, since it's right before the winter Olympics, so we could be getting a peak at future gold medalists.
Taylor says a big spin off is it'll raise the profile of skating, which could increase registration.
This is the third time the city has staged this event, which is televised world wide. The previous two times were in 1995 and 1999.
The event will features many of the top figure skaters in the world in head-to-head competition in men, ladies, pairs and ice dance.
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