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Old Posted Jan 26, 2011, 5:52 AM
Migs Migs is offline
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Join Date: Dec 2006
Location: Regina, Sk, Canada
Posts: 3,774
http://rodpedersen.blogspot.com/2011/01/good-news.html

Quote:
(620 CKRM News)
There is a positive step towards a brand new multi-purpose domed stadium in Regina.

The CEO of Crown Investments Corporation Ron Styles says a story in the Globe and Mail which states Federal Conservatives are eyeing an unspent pot of more than $1-billion from the 2008 budget as a way of funding pro-sports venues provides more optimism for this province.

"The Federal government has advised us that they're going to have a look at it under the P3 program and we've gained an extra measure of optimism that something is going to be there for us in the future," Styles told reporters Tuesday.

Styles says the target in the study that's been done has said that raising up to 70 million dollars is quite achievable within Saskatchewan.

"The target that we've talked about - at least the study we had done - said that raising up to $70-million (within the province) is achievable," Styles continued. "We've had some discussions with people in the business community who've said that's an achievable number. Which companies will be involved? It's all a matter of talking about a combination of sponsorships and corporate philanthropy."

Styles says there's always the issue of Saskatchewan taxpayers not interested in supporting such a project.

"This is like most other projects which are very large ... there will be a split within the community. Maybe it's 80/20, 90/10 or 70/30. There's always going to be people who would rather spend their money on something different or would rather not spend their money. But it's safe to say the vast majority of people in Saskatchewan are in favour of the project."
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