Quote:
Originally Posted by Calgarian
I'm voting for Nenshi, my tax dollars are better spent elsewhere.
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Like the $300 million Neshi spent on the airport tunnel to nowhere, when there is perfectly good access 1 km north on Country Hills Blvd? Or the $250 million on the new library, just what Calgary needed in the digital age another 240,000 sq. ft. of premium space in the downtown. I wouldn't be surprised if Nenshi does an about face after the election and finds some creative financing for a new arena, its what happened in other cities, and Nenshi loves to spend money.
Taxpayers have borne between 50 per cent and 100 per cent of the cost of recently built or refurbished arenas and stadiums in Edmonton (Rogers Place), Regina (Mosaic Stadium), Winnipeg (Investors Group Field), Toronto (BMO Field), Hamilton (Tim Hortons Field), Ottawa (TD Place) and Quebec City (Videotron Centre).
From 2000-15, privately-owned sports facilities cost U.S. taxpayers $12-billion (U.S.). That includes losses to the U.S. Treasury from tax-free federal bonds, often used to finance the projects.
https://beta.theglobeandmail.com/rep...ticle36285115/