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Old Posted Oct 3, 2008, 11:52 PM
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newflyer newflyer is offline
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Join Date: Dec 2004
Location: Calgary
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The majority of the government funding for a new stadium would likley have to be assumed by the feds and the province. In Winnipeg's case the land is being offered by the University of Manitoba .. The city is offering property tax breaks ... the majority of the funding ($90million) is being put up by Creswin, which is a land development corporation, which is owned by the Aspers. The remainder will be split by the Feds and Manitoba, which has been shown to be recouped by the taxes collected in the construction in the new building. The Feds have note signed off on the project, and probibly won't until the election is over.

In terms of the Maritimes, it would definately help if the majority of the cost could be offset as a means to host a major sporting event. This would definatly open the door for the CFL to opperate a team from the new facility.
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Last edited by newflyer; Oct 4, 2008 at 3:04 AM.
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