Quote:
Originally Posted by BigFlameDog
Edmonton didn't get any?????? Took me about 8 seconds to google this.....
http://www.edmonton.ca/city_governme...rk_Details.pdf
I said there will some combination of funding/tax relief/land donation/infrastructure..and if there is even an interest free or ultra low interest loan that is government help.
A project that is this big will have some form of the above and I honestly don't care what they are saying now.
"No direct money" is putting lipstick on a pig.....I'm sorry but if people actually think no tax dollars are going into this they are fooling themselves.
Nenshi and his crew are simply working on their creative math to sell it to us like the sold it in Edmonton. |
No direct money from the Province means no money coming from the province. I may be wrong here but the "provincial money" quoted in that page is actually given to the city for various funds and was chosen by the city to use for the Arena. Same with the Federal money. Thus not coming directly from the province.
This also means the City of Edmonton has less money to spend on other things in those areas.
With property taxes going up 4.9% in Calgary every year for the next four years I do think in the short term there will be a large public outcry for any public money going towards a project with taxes going up so much.