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Old 09-13-2017, 10:34 AM
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wags wags is offline
 
Join Date: Apr 2013
Location: Red Deer
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Quote:
Originally Posted by Badgerbadger View Post
The economic boom did not seem to affect the area around the Coliseum, or Saddledome, much. Nor Commonwealth Stadium or McMahon.

Edmonton's downtown was already in transition, after the closure of the airport, as it allowed tall condos to be built, which kept people downtown, as well as increasing demand for various associated support service industries. Rogers place has contributed little to that, and in terms of jobs created per tax dollar "forgiven" is probably a net loss to the city.

As for "extra money produced", if you subtract the many millions leaving the city to pay the players from the $$ spent by people coming to the city from outside its borders to visit sports venue's, again, that's probably a net loss.

Sorry, I just don't see the value in subsidizing billionaire's and their hobbies.
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