Quote:
Originally Posted by EldrickOnIce
No. It is there. All studies of that nature suggest that, like the recent Ottawa University one.
What probably none suggest (except the stupid City Shaping propaganda out of Edmonton) is that a new facility stimulates economic development/growth and will broaden/expand the tax base such that it pays back a huge investment, like Edmonton's half billion dollars.
No NHL team will come to Calgary without a new building, with ten years or so. Again, or rather still, who pay how much and how that's paid is the only question.
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If you think that all studies agree with the Ottawa one, we're done here, because you're so very very wrong. So wrong.
The first page of a google search on "publicly financed sports stadiums"
http://online.wsj.com/news/articles/...16330349497852
http://media.jsonline.com/documents/...ity+Report.pdf
http://www.huffingtonpost.com/brian-...b_2137937.html
http://www.cbc.ca/news/canada/why-fu...-bet-1.1378210