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View Poll Results: Should Calgary Bid on the 2026 Olympics
Yes 286 46.28%
No 261 42.23%
Determine by plebiscite 71 11.49%
Voters: 618. You may not vote on this poll

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Old 09-11-2018, 01:23 PM   #641
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As much as the Olympic committee said, "No worries man, you can use your current venues" what they were saying was "Gets to building new venues and showing us with gifts".


Right now, looking at what they're thinking, there's no chance that we win this thing.


Plus long term a new field house is nice, but a 5 or 6 k arena is pretty meaningless unless, there's a plan to bring a AHL franchise into Calgary.
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Old 09-11-2018, 01:25 PM   #642
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Do they have a report somewhere to read the details.

At 3 billion for a field-house, a 5000 person rink, and minor upgrades is pretty terrible value.

Paying 3 billion for 7.5 billion in economic investment seems pretty terrible as well.

For 3 billion lets finish the North Leg of the LRT instead.
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Old 09-11-2018, 01:26 PM   #643
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https://www.calgary2026.ca/s/BidCo-H...dWebSept10.pdf
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Old 09-11-2018, 01:27 PM   #644
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Do they have a report somewhere to read the details.

At 3 billion for a field-house, a 5000 person rink, and minor upgrades is pretty terrible value.

Paying 3 billion for 7.5 billion in economic investment seems pretty terrible as well.

For 3 billion lets finish the North Leg of the LRT instead.
I know you made a high-level statement, but how is investing 3B to get 7.5B in economic return a bad investment? That's just straight up more than double your postion.
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Old 09-11-2018, 01:29 PM   #645
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They also just mention Kananskis for skiing, do they have a plan for the Downhill races there?
All Alpine events at Nakiska.


You can view a webcast of the presentation to City Council here: http://www.calgary.ca/CA/city-clerks...-webcasts.aspx
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Old 09-11-2018, 01:31 PM   #646
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Looks like a lot of lipstick on a pig to me. Only new facilities would be a field house (which we are probably getting regardless) and a mid sized arena. I think I'm out in terms of hosting. Honestly, take $1.5 billion dollars from the budget and build a new arena, stadium, and fieldhouse ($600 mill for arena, $400 mill for stadium, $500 mill for fieldhouse). Toss in another $100 mill or so to fix up the remaining venues from 88' (Oval, sliding tracks) and call it a day. Will end up saving billions and we still get the needed infrastructure.
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Old 09-11-2018, 01:31 PM   #647
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This is what a budget $5 billion bid looks like. You get refurbished 40 year old facilities and very little new. You want a bunch of new facilities and infrastructure? Step up to the plate with $12+ billion.
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Old 09-11-2018, 01:34 PM   #648
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This is what a budget $5 billion bid looks like. You get refurbished 40 year old facilities and very little new. You want a bunch of new facilities and infrastructure? Step up to the plate with $12+ billion.
You're not wrong. Vancouver was $6.4B, Pyeongchang was $12.9B.
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Old 09-11-2018, 01:36 PM   #649
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They also released their bid logo:

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Old 09-11-2018, 01:37 PM   #650
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Think it's time for a new poll given that this is likely "the bid", at least for the plebiscite.
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Old 09-11-2018, 01:39 PM   #651
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Can't imagine too many people voting for this one.
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Old 09-11-2018, 02:18 PM   #652
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I know you made a high-level statement, but how is investing 3B to get 7.5B in economic return a bad investment? That's just straight up more than double your postion.
I was clumsy with wording. Its a 3 Billion investment to get 7.5 Billion in economic activity not a 7.5 billion dollar ROI.

If the government offered to subsidize anything by 50% you could generate a similar amount of economic activity. If you offered a say a 3 billion dollar subsidy to build an oil sands facility, industry would easily come up with the other 4.5 billion and it would have an ongoing profit and continual economic activity.

Last edited by GGG; 09-11-2018 at 02:23 PM.
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Old 09-11-2018, 02:21 PM   #653
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You're not wrong. Vancouver was $6.4B, Pyeongchang was $12.9B.
Vancouver's bid also did not include a bunch of infrastructure in the 6.4 either. Sea to Sky was for sure outside as well as some of the facility work.

I think there number was closer to 10 if you include all Olympic related spending.
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Old 09-11-2018, 03:27 PM   #654
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Vancouver's bid also did not include a bunch of infrastructure in the 6.4 either. Sea to Sky was for sure outside as well as some of the facility work.

I think there number was closer to 10 if you include all Olympic related spending.
Yeah, I wouldn't be shocked if there are additional things like that here (Airport LRT extension).
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Old 09-11-2018, 03:45 PM   #655
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I'm leaning toward a no based on this.

It seems like it's pretty clear that what a lot of Calgarians would love is for the Flames ownership and the city to get together, come up with a plan for sharing the cost of new facilities, rolling it into the Olympic bid, capitalizing on funding from all these other sources.

But based on the process up to now, I have absolutely no faith that the two sides are somehow going to find the common ground that's been missing so far.
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Old 09-11-2018, 03:57 PM   #656
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I'm leaning toward a no based on this.

It seems like it's pretty clear that what a lot of Calgarians would love is for the Flames ownership and the city to get together, come up with a plan for sharing the cost of new facilities, rolling it into the Olympic bid, capitalizing on funding from all these other sources.

But based on the process up to now, I have absolutely no faith that the two sides are somehow going to find the common ground that's been missing so far.
See but this makes too much logical sense so why would any politician do this?
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Old 09-11-2018, 04:18 PM   #657
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See but this makes too much logical sense so why would any politician do this?
The issue with the arena has never been about the sharing of costs... it's always been about the sharing of benefit (namely that the Flames don't want to).
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Old 09-11-2018, 04:35 PM   #658
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They also released their bid logo:


Haha. Also 88 turns into a 26 very easily with a splash of white out!
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Old 09-11-2018, 04:40 PM   #659
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yeesh...I feel like most Calgarians were hoping for concrete plans for a new arena to come out of this announcement.

I'm 80% of the way to voting No on this bid as it stands with no new arena or stadium, the only thing that will bring me back from the brink is the breakdown on government financing shares. Specifically how much our Federal government will contribute, and it better be a lot.
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Old 09-11-2018, 04:45 PM   #660
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yeesh...I feel like most Calgarians were hoping for concrete plans for a new arena to come out of this announcement.

I'm 80% of the way to voting No on this bid as it stands with no new arena or stadium, the only thing that will bring me back from the brink is the breakdown on government financing shares. Specifically how much our Federal government will contribute, and it better be a lot.
Total public funding is $3 billion. The federal government has confirmed their commitment to covering half of that (which is customary for large projects like this). The provincial and municipal governments are currently negotiating the breakdown of the remaining $1.5 billion. The Alberta government has committed to making a final number public within 30 days of the November 13 plebiscite.
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