Smith will join Flames forward Johnny Gaudreau on the Pacific Division roster, and will become the third Calgary goalie to be selected, joining Mike Vernon (1988-1991, 1993) and Miikka Kiprusoff (2007).
"Mike carries a bit of a presence when he competes, and that is certainly noticeable for our young guys," Flames coach Glen Gulutzan said. "Here's a guy that's a veteran guy, he is still competing and has a lot of fire in his belly. That's been good for our guys to see that."
The game Sunday (3:30 p.m. ET; NBC, CBC, SN, TVA Sports) will be a reunion of sorts for Smith, who played 118 games in four seasons with the Tampa Bay Lightning from 2007-11.
"At this point in my career, I cherish it more because of my family, and my kids are able to understand what's going on a little bit," Smith said. "They had so much fun last year, and to go back to Tampa to a place where I had played some good hockey, and some of my best friends are still guys I played with in Tampa, and the training staff.
"It's a great honor and I'm excited about it."