I'd be hard to convince me that there is any financial argument for building the new arena other than the owners will get a small increase in profit. Not enough to invest their own money though. For me it all comes down to enjoying a part of our culture. Do you want a new arena or not, knowing that it's going to cost taxpayers. No longer being a Calgarian, it's easy for me to say yes as I think one of the richest cities in Canada deserves one.
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