Quote:
Originally Posted by corporatejay
Markusoff had a great article in the Herald yesterday regarding this argument that we shouldn't be "subsidizing billionaires". The reality is the city should look at any potential deal with the Flames from a pure cost/benefit analysis to the city. The owners being billionaires is nothing more than inflammatory language. If it makes financial sense for the city to do a deal and help subsidize an arena, they should do it, regardless of the wealth of the potential owner.
http://calgaryherald.com/news/local-...ionaire-factor
Tinordi, your position is getting old. People, including myself have given a number of examples where the city "giving land" could potentially turn into a net benefit. You see things as simply black and white and it's just not that simple. |
Okay, then let's see some studies showing how public funding for an arena in Calgary would be a net benefit to the city. It's not as though nobody has ever studied the issue before.
As for the 'billionaire' argument, it's relevant to the issue because, if they wanted, the Flames owners could buy the land and start the process for building an arena tomorrow. It's useful information to head off arguments that an arena can't be built unless the public help fund it.