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Originally Posted by Beatle17
If you are going to include direct/indirect impact on wages etc., you have to do that with the arena project also. How much do the teams/events spend on employee wages and costs for food/goods used. Then when you expand the wages and goods to outside facilities such as restaurants, bars, cabs etc., (which this report does to show impact on outside groups) the number would have to be in the billions. I am sure the report does not show what you thought it was going to show. So if we use your number of $2.38/1$ then the arena will provide $645.5 M on the city contribution only. You can not use the report/calculation on only projects that you choose to champion.
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Can both the library and arena not be important projects that produce positive social and economic benefits for Calgary? Why does it have to be one over the other?