As with the downtown casino issue, I knew little of the pros and cons going into learning about the issue. I have a very basic grasp of AEGD right now, but this part of he article "
The city argues that the project represents an opportunity to diversify Hamilton's economic base." had me scratching my head. Isn't Hamilton already the most diverse economy? I've yet to be sold on the need for this and remain open to be convinced. I think that's a lot of civic money that is going to be spent and would like to know if such an investment in something like the LRT could have better benefits for the city in the long run.
Quote:
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...the "diversity index," which the Conference Board of Canada uses to measure how varied a city's economy is. The scale ranges from 1.0 (highly diverse) down to 0.0 (i.e., a one-industry town). Ottawa came in at 0.35; Calgary, the oil and gas capital of Canada, garnered a 0.81 result and Toronto scored 0.88. Hamilton, though, topped them all with a 0.92 rating.
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http://www.bizmagazine.ca/sitepages/...0|%20Q2%202012