Halifax Metro
http://www.metronews.ca/halifax/local/article/999779--stadium-a-no-go-for-now-premier
Local
Stadium a no-go, for now: Premier
Ryan Taplin/Metro Halifax
Premier Darrell Dexter
ALEX BOUTILIER
METRO
Published: October 18, 2011 1:00 a.m.
Last modified: October 18, 2011 1:03 a.m.
There’s no money in provincial coffers for a stadium in Halifax, Premier Darrell Dexter says.
And he thinks it’s a “wise thing” that HRM has yet to come looking.
“We’ve told them in the past that we simply don’t have the money to support that at this time,” Dexter said yesterday. “We’re in the position where we simply say don’t ask us and we won’t say no.”
Dexter said the province is prepared, however, to look at “value propositions.”
“We’re not going to turn away any business case. If you show us something that shows a concrete return, you know, we’re going to look at that,” he said.
Halifax regional council will decide today if they wish to give senior staff and Mayor Peter Kelly permission to begin soliciting contributions to the proposed stadium’s capital cost.
If approved, HRM would begin discussions with the other levels of government and the private sector to attempt to secure funding for the project, whose cost is estimated at $60 million.
Those discussions would be based on the premise of the municipality kicking in about one-third of the cost, or $20 million. But any contribution from the municipality — or from anyone else — would be conditional on council’s final decision in December.
Peter MacKay, the defence minister and regional minister for Nova Scotia, said any discussion of a federal contribution to the stadium would hinge on the formal business case, which will be delivered for council’s consideration in December.