Quote:
Originally Posted by Strange Brew
Well exactly. The issue is how much, if any, should the city put in, and if they do, what should they get out of it. Don’t we agree there is some economic benefit to the City of Calgary to having a new well located, well designed arena? It’s very hard to quantify, that’s for sure.
I get the argument about subsidizing private business. I have made the argument myself. But most people that aren’t hard core ideologists would acknowledge that government can play a role in stimulating economic activity.
|
I guess you could look at what would be a better stimulus from the City. $300m + extra for arena / event or buy half the Bow Building and give it to any business that would relocate to Calgary.
I’d just like to see the CSEC and the City quantify the benefits of an arena / events centre to the City. It seems like neither can do that in a comparable fashion to how the benefits can be quantified for CSEC.