Spending billions for new arenas is touted by politicians and team owners as a sure win for the economy – but a plethora of studies shows otherwise
Source: The losing game of publicly financed sports venues
“One of the oldest con games – the notion that spending public money on pro sports venues is a sound investment.”
The Flames are asking every Calgarian for an initial $200 contribution for a new arena.
Sugar coating the request is a promise they will designate a small portion of the arena for amateur sports, so the the Foothills recreation site will not be needed (get it, the money for the Foothills site could then be spent on the Flames’ site).
Sorry, there are no polls available at the moment.I SAY NO, but this is a controversial matter. So, let’s have a plebiscite. The public has a right to be heard.
No Councilor campaigned or was elected to commit us to such an enormous expense.