Quote:
Originally Posted by MarchHare
Publicly-funded museums, pedestrian bridges, and overpasses are not typically operated by for-profit private businesses. Subsidizing a new arena for the Flames is nothing short of corporate welfare.
|
People act as though "corporate welfare" is not a common practice. The government through numerous ways (tax breaks, subsidies, ect..) actively encourage businesses to locate and operate in this city and province all the time because it's good for the economy of the region.
It's just very few of these things are as above board and noticeable or as scrutinized as a new arena for a hockey team. Back in the Klein days, they literally branded the tax reduction / subsidy program that gave big enterprise business tax breaks and exemptions the "Alberta Advantage". Don't kid your self, this stuff happens all the time with for profit businesses and is a key pillar of our local economy.