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Originally Posted by Unlearn Relearn
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Summary: It is unwise to spend public funds on big sports venues as they always lose money.
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Originally Posted by Unlearn Relearn
GREAT SUPPORT. City of Moncton clearly states that it will not offer financial guarantees nor would it offer any financial support for the construction and the upkeep of the Center, the financial risk of operating losses will have to be borne solely on the builder and his partners.
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Summary: By trying to avoid spending public funds on a big sports venue, the City of Moncton is demonstrating a lack of interest and vision in the project.
So which is it? You can't on one hand say that the City shouldn't back a losing deal and on the other say that it should.