Quote:
Originally Posted by Strange Brew
I think it is reasonably accurate.
How many Flames make Calgary their year round home and are part of the city's tax base, spending their money with local businesses? Some of them sure, your anecdotal example proves it.
And then several spend their entire off season somewhere else. And are on the road for a huge chunk of the season.
Spend $80 million on NHL player salaries and some percentage of that is returned directly to the local economy.
Move a corporation's head office here and spend $80 million on "regular" jobs and a far larger percentage stays in the local economy.
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Yes and no. The workers for that corporation would add to the local economy by paying taxes, the Corp itself would likely siphon money out of the province by taking advantage of all of the tax breaks and moving their profits to a tax haven somewhere. The alberta advantage right?