Quote:
Originally Posted by Roughneck
Simplest way:
Capital = stuff you keep. Buildings, roads, pipes, etc. Infrastructure.
Operating = stuff you don't keep. wages, supplies, services, etc. Running things.
Capital is spending money on a truck. An operations budget is paying the driver, paying for gas and servicing.
|
That's good to know. Thanks for explaining that!
But my point is, why must we pay the operating costs, then? They will not be associated without the Olympics. And if the argument is that the Feds are contributing money that wouldn't normally be allotted towards infrastructure, well, can't the contributions of CSEC help fill that void for individual projects like new arenas? Last I checked, weren't they still prepared to foot at least 33% of that?