Quote:
Originally Posted by Redlan
This is entirely false and very simplistic. This is a capital project with capital assets that are both tangible and intangible. The City of Calgary, Calgary restaurants, Calgary Hotels, Calgary Developers, and countless other Calgary Businesses and the Calgary taxpayers will all benefit (tangibly and intangibly) outside of your simplistic statement. Say it enough...maybe swear and it makes you right...  Right? But sit in Kelowna and keep telling us in Calgary how this works when it doesn't impact you.
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This is false. Countless, countless studies that show economic impact of new arenas is effectively negligible; all that really happens is that you shift spending from one part of the city to another.