Chartwells is evil, plain and simple. Their contract with the University gives them crazy power.
Anyone who has attended UofC recently, knows of Ploughboy in ICT building. They went under recently and Chartwells wants to put a Tim Horton's there. The problem is the space isn't big enough, so they pressured the University to increase the rent of the neighboring Family Mart to $150 /sqft. Now Family Mart is a small family run convenience store that doesn't rip off every student who walks through the door, so they can't afford what amounts to rent rates similar to downtown Calgary, so they need to leave.
To top this all off, Chartwells contract with the University states that despite what the rent for a location is, they don't need to pay any rent on any of their locations unless they make a certain amount of money in a year. Now this might seem like a mutually beneficial deal for both the University and Chartwells, except that Chartwells has never made large enough of a profit to pay any rent to the University.
So students are paying through the nose for classes, and the University is kicking companies who actually pay the Uiversity money out of retail space so Chartwells can have the space for free.
Total Bullcrap.
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