Offering big money for a sports stadium in your home base during a federal election is a huge loser. No way the Conservatives or any other party steps up to that plate.
When you look at it, just where do you think the government money is going to come from? Not with this city council (and they also don't have the money anyways), the provincial government is iffy at best, and federally there might be a small window if the Conservatives win another majority early in their new mandate.
Stadiums in Vancouver, Toronto and Montreal were privately financed. Governments are rightly going to point to those examples and continue to defer any commitment.
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