Quote:
Originally Posted by sureLoss
Eric Francis @EricFrancis
Can confirm Flames owners’ investment in the city-owned arena will be significantly more than what Daryl Katz contributed to the arena in Edmonton. Flames would run the arena, which will be owned by the city. Again, the parameters of the deal are all subject to council vote
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Meaningless statement. The Flames have always pitched themselves as contributing significantly more than what Katz did but the reality was that they were only proposing contributing significantly more upfront (but less over the life of the lease agreement) to the extent that the sum contribution was pretty comparable.
Regardless doing this on the same day you're discussing 60M in budget cuts (including hefty cuts to transit and emergency services) is remarkably bad timing from an optics standpoint.