Are CPers optimistic that an arena deal that hasn't been done yet is going to get finalized now?
Alberta economy slowdown, oil around $60, Canadian dollar around $0.80, NDP provincial government, Nenshi as Calgary mayor, provincial unemployment rate hasn't settled yet.
On the other hand, labour and other building costs should be better than if you started building this 5 years ago.
Do you see this thing getting done at any point during the next four years that coincide with the NDP governments term? I doubt we see a rebound to $100/bbl oil in that time. Even Murray Edwards and the ownership group must be poorer today than they were a few years ago. If they wouldn't pony up private money then, do you think they'll do so now?
I see the clock being reset on any potential new building for the Flames. Five years for serious talks, a few more for ground breaking, and 10 years until its open.
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