Quote:
Originally Posted by ac888yow
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I know some people believe in the Out of Town Billionaire Fairy who will waive his magic billionaire wand and fix all of Ottawa’s problems. This sort of magical thinking precludes
The economics of this project are terrible. The billionaire fairy has to drop somewhere in the neighbourhood of a billion dollars for the right to buy or lease maybe 100M of land at market rates with no other public or private tenants and a slow market. Landsdowne never would have been built iunder these conditions, nor would arenas in Quebec, Winnipeg, or Edmonton.
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