It's not that uncommon for a municipality to build a facility without a major tenant and than end up trying to subsidize one and lose their shirt. I lived in St.Albert when they tried to get the AJHL back as the city lost a huge amount of money on their fancy rec center and needed the tax payer to subsidize the facility.
It's a similar thing in Penticton where they built a nice fancy event center and the BCHL team isn't drawing enough people and it's a pretty sum per game that the city is footing to use that facility.
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