Quote:
Originally Posted by Lubicon
Your assumption would be incorrect. I don't have data to quantify but it is probably possible to do so for someone with resources. For starters find out how many employees there are at Hockey Canada HQ at Winsport, how many other sports are based here, hoe many people they employ, how may researchers at UCalgary Kinesiology are there that focus on winter sport etc. Then estimate their salaries and you get an idea of what the contribution is - those jobs would not be in Calgary without the 88 Olympics.
But my main point was how do you actually measure ROI for something like this? It's a legit question and probably has many answers depending on point of view. Supporters of the bid likely see the long term benefits vs up front cost much differently than those who do not support.
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Past performance is not indicative of future results. If you're not building new stuff and making new investments in infrastructure, you're not likely to see much benefit. We're not going to get a new Kinesiology department at the U of C. Winter sport is already here and established. We're not getting new ski jumps, new arenas or new ski venues. Those are the things that drive tourism and future growth. But that is also what costs the most money.