[Locke]

It isnt the funding model that needs to be modified, its the division of revenue model that needs to be modernized.

If you expect a municipality or Government jurisdiction to put up cash or assets they need to have some kind of realistic return on investment.

I have no problem with Governments, be they Provincial, Federal or Municipal putting up money for things like arenas, they have much, much better opportunities for borrowing funds at dramatically lower rates, it makes a lot of sense.

But there has to be a realistic return on that investment to the jurisdiction.

At the same time though perhaps some sort of grand oversight is required, because some municipalities have just 'assumed the position' and spread 'em for sports teams (*cough* Edmonton *cough*) and some higher authority should have the ability to step in and veto that kind of nonsense.