Anthony Parker will be staying in Calgary while Josh Bell is joining the Stampeders.
The Calgary Stampeders announced both moves on Wednesday.
Parker played 17 regular season games with the Stampeders in 2013, setting career-highs in catches (21) and yards (217). Parker also scored the first two touchdowns of his CFL career.
"Anthony made important strides in his development last season and we believe that the best is yet to come," said head coach John Hufnagel. "Even though he has already been with us for three years, Anthony is still only 24 years old and I look forward to watching his continued growth as a player."
Bell spent his first two CFL seasons with the B.C. Lions and after registering just five tackles in his rookie season, he totaled 49 tackles and one interception in 2013.
"Joshua is a talented player with experience on both sides of the border who has established himself as a very good CFL player," said head coach and general manager John Hufnagel. "With the departure of several members of our secondary this off-season, he has an excellent opportunity to step in and play an important role with us this season."
Bell played 13 games in the NFL before moving to the CFL.