With the folks up north in Edmonton getting a shiny new venue for their hockey team it seems that the folks in the south want a new one of their own. »www.theglobeandmail.com/ ··· 6009003/
Given the recent flooding in the area, and the the non-production from the Flames, I wonder if the money could best be used elsewhere.
They're saying $890 million. There's no way it doesn't balloon to $1.5B.
Again, there should be no public money invested in this project. Period. Ken King had the audacity to compare this revenue generation project for the Flames to a public library in terms of its value to the community.
I'm not ready to wholly write off this proposal. There are some intriguing elements such as the city retaining ownership of both the land and building, but to ask the city to pony up $200 million with no assurances of revenue streams (parking, cut of the concessions, etc.) makes it a non starter for me.
I just thought of something. Proposing the city retains ownership of both the land and building means there's no property tax revenue to the city. Sneaky.
I do find it crazy the pro sports asks the public to pony up for its facilities. They taken in billions/yr and their staff get paid millions. Yet they want the public to pay so they have somewhere to play.
I lived in Edmonton for a while and I couldn't believe how much they gave up. Paid for most of it. Sold land to the owner of the oilers that surrounded the property so he'd make a mint when they area was redeveloped. They barely charge for a lease and he get's to keep all revenue, even revenue from non nhl events. It's mental.
I'm not a canucks fan, but I respect that their arena as entirely paid with private dollars. I think the new one in Detroit is going to be to?
They're putting up peanuts ,the rest is taxes, levy's and money from the city. While the city gets to own it, I wonder what sweet deal the teams will get for concessions,parking etc.
Hey, making it to the second round of the playoffs isn't bad. Better than most other teams in the country *cough* Leafs, Oilers *cough*
I generally support this as long as there's no public money involved. The area is a bit of an eyesore. I think they're also lowballing the cost in order to sell it. This will cost well over a billion dollars.
If this goes ahead I'm not looking forward to the traffic congestion this will cause getting out of downtown.
the flames definitely need a new arena but I don't really see why a fancy new football stadium is necessary
McMahon Stadium is a joke. It's a concrete block built in 120 days in the 60's. The amenities are so sparse, they don't even have debit at the concessions.
Since the Flames own the Stampeders now, might as well create a combined facility.
Sure the leafs suck but sports are about making money, not playing games, just ask Gary, and the leafs certainly are very good at turning a profit. The leafs could afford to build their own ice palace.
I just hope the people of Calgary don't get shafted as the people in Edmonton have.
Sure the leafs suck but sports are about making money, not playing games, just ask Gary, and the leafs certainly are very good at turning a profit. The leafs could afford to build their own ice palace.
I just hope the people of Calgary don't get shafted as the people in Edmonton have.
if they need a new arena (which they don't ) I wouldn't put it past MLSE to go running to various govt entities with their hands held out.
The National Post is screaming bloody murder over this, they framed it so well 6 wealthy men are paying only 23% of the project. The taxpayer is on the hook for the rest.
I just hope the people of Calgary don't get shafted as the people in Edmonton have.
Too late for us in Calgary. We already paid $1.5 Billion for a LRT line to the SW, that just 'happens' to run by the proposed site for the new rink. You should see the Sunalta station, barely anyone uses it, but wow what a massive piece of concrete. We need a line down Centre St. and out to the SE which would've allowed up to 600 buses a day to move people elsewhere in the city. The politicians are waiting on the sidelines on which way the public opinion will go. If Calgary Sports and Entertainment Corp. wants a new rink - issue bonds or offer an IPO and raise the capital that way.
I just hope the people of Calgary don't get shafted as the people in Edmonton have.
Too late for us in Calgary. We already paid $1.5 Billion for a LRT line to the SW, that just 'happens' to run by the proposed site for the new rink. You should see the Sunalta station, barely anyone uses it, but wow what a massive piece of concrete. We need a line down Centre St. and out to the SE which would've allowed up to 600 buses a day to move people elsewhere in the city. The politicians are waiting on the sidelines on which way the public opinion will go. If Calgary Sports and Entertainment Corp. wants a new rink - issue bonds or offer an IPO and raise the capital that way.
end rant
wasting taxpayers money and getting rich off Taxpayers is the Canadian Way.
The plan calls for the project to be funded through a $250-million ticket tax $240-million community revitalization levy, $200 million from city taxpayers for the fieldhouse $200 million from team ownership.
I just hope the people of Calgary don't get shafted as the people in Edmonton have.
Too late for us in Calgary. We already paid $1.5 Billion for a LRT line to the SW, that just 'happens' to run by the proposed site for the new rink. You should see the Sunalta station, barely anyone uses it, but wow what a massive piece of concrete. We need a line down Centre St. and out to the SE which would've allowed up to 600 buses a day to move people elsewhere in the city. The politicians are waiting on the sidelines on which way the public opinion will go. If Calgary Sports and Entertainment Corp. wants a new rink - issue bonds or offer an IPO and raise the capital that way.
end rant
Or how about a few C-Train lines for those of us in the North. Maybe a few at all between Saddleridge/Crowfoot.
This isn't even true, team ownership wants the City to borrow the $200 million and give it to the flames and then recoup it via lease agreement and the tax levy. This is even more of a stinky deal, leaves the tax payer on the hook for more then 100%. Wow what a deal, Calgary may want a field house, which won't serve a significant percentage of the population, which would've cost $200 million on its' own. Now they get to pay a billion plus, and make billionaires more billions. Now the media blitz is on, Herr King on BNN and the news articles by paid spin doctors telling us that this a great deal.
Flames pay for it yourself or move on somewhere else.
Just not just sports team. but all corporations, govt largesse, or corporate welfare are now a normal business practice.
Give us money or we'll, move the team. move jobs elsewhere.. close up shop. The mere threat sends politicians running for the treasury.
One of these days govts of the world will wake up and tell them to stick it.
When voters tell the people running the governments to stick it. Chances are far higher of this than government officials not kowtowing to corporatism.
Once a govt is in, voters don't have a say, for example, did voters elect the current govt to ignore the Constitution, because they don't agree with it?
Once a govt is in, voters don't have a say, for example, did voters elect the current govt to ignore the Constitution, because they don't agree with it?
The argument holds water if people are regularly electing different people, but all the incumbents and "party" based elections show voter complicity. Therefore, responsibility lies on the voter to change it, not on the government.
Once a govt is in, voters don't have a say, for example, did voters elect the current govt to ignore the Constitution, because they don't agree with it?
The argument holds water if people are regularly electing different people, but all the incumbents and "party" based elections show voter complicity. Therefore, responsibility lies on the voter to change it, not on the government.
I agree and that's exactly the problem. all the way from the Municipal to the federal level.
Once a govt is in, voters don't have a say, for example, did voters elect the current govt to ignore the Constitution, because they don't agree with it?
The argument holds water if people are regularly electing different people, but all the incumbents and "party" based elections show voter complicity. Therefore, responsibility lies on the voter to change it, not on the government.
I agree and that's exactly the problem. all the way from the Municipal to the federal level.
Personal responsibility is at an ever decreasing low these days. :/
- Parents want government and TV to take care of their children for them - Companies want taxpayers to be their collateral rather than bearing their own risk (hello "sports entertainment", banks, auto industry, etc.) - Lazy/incompetent people can't make their market value worth a shit so they want government blowing up their McJob wages - People can't handle different opinions or people offending them therefore need a nanny to step in and force at gunpoint people to give a shit about their sensitivity
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