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Originally Posted by Manhattanboy
I voted yes but I respect the result and understand the many reasons why people voted no. Time to move on.
Having said that I think the prospects for a new arena for the Flames took a serious hit tonight. I think what will happen is what King has said all along, the team will play out the string in the Saddledome for as long as they can, likely two or three more years until a more attractive financial model presents itself in another city and the owners will relocate the team or sell to a single buyer or group elsewhere (such as Houston where the owner of the basketball team has the resources and has stated he wants an NHL franchise).
Bigger picture, I was born here and spent my entire working life here. Retirement is probably five to ten years away max. And this is the first time I am truly worried for the economic future of Calgary and Alberta. We are in big trouble here and there is much blame to go round. Our federal government doesn’t give a crap about this province or our energy industry, the backbone of Alberta. You can talk about attempts to diversify but it could take decades for new economic foundations to be in place.
I don’t have kids. But I can say that if I did, and it pains me because Calgary has been home, and I have made a decent living here, there is no way I would let them make their careers here. I really think unless something drastic happens our best days are behind us.
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Good post. I don't see a bright future for this city either. Pretty sad day....