Quote:
Originally Posted by GGG
The Provincial and City will put in more money than dollars of infrastructure we get out of while taking on risk. This argument that we will spend just as much without the Olympics is absolutely false. We will not upgrade Nakiska, We will not put a dime into the saddledome we will not build this odd sized community arena, we will not upgrade the Big 4. These are dollars being wasted on projects that no one has on the books.
We are Not under any circumstances getting infrastructure in the billions of value no matter how you do the math. 1.4 billion (the most generous interpretation of the bid) is not billions (plural).
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You're right; those projects (Nakiska, Saddledome, etc.) aren't getting upgraded outside of the Olympics. That's why a vehicle like the Olympics is necessary for their long-term survival, and the only chance we have to get them proper funding assistance for overdue upgrades.
Also, if the City's contribution to the Games is $375M, and that's the approximate value of the field house (Olympics or not), why not invest that that now and receive funding from other levels of government to do so much more than just a field house? Because we won't see that potential investment otherwise.