In what has been the bluntest talk yet about the future of the Calgary Flames, president of hockey operations Brian Burke said the NHL team will move if a new arena is not built. “We’re not going to make the threat to leave. We’ll just leave,” Burke told a business luncheon at the Canadian Club…
Source: Burke says Flames will leave without a new rink | Calgary Herald
Right, leave Calgary and give up a Saddledome to which the Flames contributed zero dollars to build, pay zero dollars to rent, and for which Calgary receives zero taxes. Where in the world could the Flames get such a sweet deal?
BARRIE MCKENNA OTTAWA — The Globe and Mail Published Friday, Jul. 17, 2015 4:41PM EDT
Source: The losing game of publicly financed sports venues – The Globe and Mail
The people of Quebec City and Edmonton are falling prey to one of the oldest con games – the notion that spending public money on pro sports venues is a sound investment.
Facts don’t seem to matter in this game. And your city could be fleeced next.
Stacks of independent research over many decades have shown that building a stadium or luring a new franchise does little for a city’s economy. They typically don’t generate significant new tax dollars, jobs or growth. In most cases, the money would be more wisely spent on badly needed public infrastructure, such as roads, transit or schools