It doesn't really matter where the CoE got the monies, the simple fact remains s that the CoE has taken over 95% of the initial financial risk that will decrease over time. CSEC would most likely love to have a similar deal I'm Calgary but right now it appears very few in Calgary are willing to bankroll a similar project to such an extent with debt that will be carried by the CoC..
But the CoE had three wonderful facilities in the new arena, Commonwealth Stadium and the Butterdome of which the CoC has nothing that can even remotely compete on the same level. I do not believe that the CoE has bled their finance well dry to get this arena deal done or at least I hope they haven't.
Never the less, some of these things should probably be built sooner than later in the CoC - just not sure how we'll get there in the CoC..
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Just a wee bit below average prairie boy in Canada's third largest city and fourth largest CMA
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