CalgaryNEXT project should sink or swim on its own merit, says political panel

Tying the CalgaryNEXT arena and fieldhouse proposal to a possible bid for the 2026 Winter Olympics will be a gamble for the Calgary Flames organization, said members of a CBC Calgary News at 6 political panel.

Source: CalgaryNEXT project should sink or swim on its own merit, says political panel

Wrapping an NHL arena inside an Olympic bid is the same strategy used to get public money to build the Saddledome.  The NHL team in Calgary did not pay one cent towards the construction of the Saddledome, nor does it pay rent or leasing cost.  And the City does not tax the Saddledome because the City owns it!

No to tax payers dollars for an NHL arena.  For the Flames, you play, you pay.

Breakenridge: City needs to decide how much it’s willing to contribute to a new arena

Almost a year and a half after CalgaryNEXT was proposed, it now appears as though the Calgary Sports and Entertainment Corp. has been the first to blink. It’s unclear whether the company, which owns the NHL’s Flames and CFL’s Stampeders, actually thought city council would accept their proposed West Village arena-stadium hybrid – and the accompanying…

Source: Breakenridge: City needs to decide how much it’s willing to contribute to a new arena

No tax dollars for a highly profitable private NHL hockey rink.  The flames want it, they can build it.

However, if building the rink also serves the Stampede, the cultural focus of Calgary for over a 100 years; and, if the Flames pay rent (which it does not at the Saddledome), then the City might consider an arena as a for-profit venture.

This article has a good discussion of the public pros and cons of using tax dollars to build the rink.

Secret briefing books link CalgaryNext and Olympics bid, despite official denials

CBC News has been given a look at the CalgaryNext briefing books given to city council members. They reveal the precise detail of the Flames’ owners plans for new sports facilities for professional athletes and Calgarians. They also show the 2026 winter Olympics are part of the plan.

Source: Secret briefing books link CalgaryNext and Olympics bid, despite official denials

Was there ever any doubt.  Connecting a new new NHL hockey arena with an Olympic bid is the same tactic used in 1988 – bid for the Olympics and oh, by the way, we can use the Olympic arena for an NHL arena.

And those Olympics cost tax payers.  The ONLY reason the ’88 Olympics didn’t “lose” money is because governments threw in millions of dollars.

New arenas in Edmonton and Regina stoke debate over CalgaryNext project

In Edmonton, tens of thousands are lining up for a sneak preview of Rogers Place.

Source: New arenas in Edmonton and Regina stoke debate over CalgaryNext project

I had no problem with the concept, or $200 million

Councilor Keating is dreaming in technicolor if he thinks Calgary tax payers can get away with only a $200 million tax bite for an NHL hockey rink.  $200 is to get Calgary hooked; we’re looking at over a billion dollars that we don’t have.

With Calgary taxpayers possibly on hook for most of CalgaryNEXT’s estimated $890

Taxpapyers "on the hook"
Taxpayers “on the hook”

With Calgary Sport and Entertainment Corp. formally requesting to build Ca
lgary­NEXT on a 130-acre plot known as West Village next to downtown — a project which could require up to $690 million in taxpayer funding to cover the estimated $890 million tab — the Sun decided to take a look at some other major stadium projects completed and under constr

Source: With Calgary taxpayers possibly on hook for most of CalgaryNEXT’s estimated $890