Quote:
Originally Posted by Reneeee
This attitude is what is wrong with the no crowd. Prior to 1988, Calgary was probably never considered a mecca for anything. Now we have one of the most world renowned Speed Skating Ovals in the world. Without the 88 Olympics that isn't possible and we wouldn't be getting the kickbacks on hotel and facility usage we've been getting for the past 30 years since. That's some of the intangible revenue that nobody considers when they hear 4-6 billion.
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And the problem with the yes folks is they severely overstate the benefits. No offense to the speed skating crowd and all, but if a speed skating oval was a huge economic driver, Vancouver would have kept theirs instead of re-purposing it. It's a minor bonus, but I would equate this to be similar to the claim that an arena will drive visitors to come for shows. The amount of money is probably not all that material relative to the cost, but it's a nice talking point if you support the Olympics.