Quote:
Originally Posted by calf
Yeah, they lost me when they tried to claim a 10X return on investment. Sure the City is investing 500M and the Province/Feds/IOC are investing more. But the Province and Feds is made up of tax payers here, the rest of the province, and the rest of Canada. It's not free money for us, it's money from our fellow citizens. We get mad here all the time when the governments use our money to bail out/invest in Bombardier, the auto industry, etc...if I were the rest of Canada, seeing this plan and how BidCo is spinning it, I'd be pretty pissed.
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I wish other provinces like Quebec and British Columbia thought like you. Transfer payments: it’s not free money for us, it’s money from our fellow citizens. We know British Columbia isn’t concerned about their fellow neighbors even though they don’t need the transfer payments.
On another point, money from the federal government is already set aside for events - sports Canada. If we don’t use it, someone else will. That money isn’t going back to the tax payer.
What if bidco isn’t spinning anything. What if they can’t be completely transparent because of negotiations or sensitive information. Everyone is super skeptical about anything and everything. Like bidco is some underhanded criminal organization looking to get rich off of the taxpayer.