Fact is there are now numerous big acts skipping Calgary in favour for Edmonton. Drake and Kanye West the past two months, and Bruno Mars next year plus some more that will be announced sooner or later. Whether you care to give them your money or not, it proves that if you're interested in music from big acts, there's a fair chance that you'll have to travel outside of Calgary to see them live while the city doesn't have a replacement for the Saddledome.
I don't know what the economics are, and how much money these acts bring in or help stimulate the economy, but Calgary is missing on it.
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