Quote:
Originally Posted by seattleflamer
So essentially you'd be getting an MTS Centre like facility.
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and what would be wrong with that? does every project need to be a cadillac?
from the article the funding is outlined as: $100m from Katz, $125m from a ticket tax, $125m from the city and the shortfall ($100m) from the province. so to summarize - Katz is kicking in 22% of the cost and the remaining 78% is coming from the taxpayer - directly and indirectly (via the ticket tax) - nice deal. PErhaps the next time a major oil company builds a hed office, the government should provide similar funding. Maybe the government can provide me with a tax break and help me out with my monthly expenses instead of just dreaming of new ways to tax me.
Last I checked every level of government is in debt, a debt that will likely never ever be paid off....I continue to ask, if this is such a good idea, why does Katz need so much help to fund this.
You just know if Edmonton goes ahead with this, then the Falmes are going to look for similar funds from the city and province. given the recent mess that is the Ctrain line and south Hospital I have little faith in the government investment not having to increase by a lot.
as a taxpayer, i say no thanks. if you need to move a team, then my life will go on - you provide your product to me for "free" on TV (I realize that I pay a monthly fee to Shaw to get hockey in my basement)