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Old Posted Apr 4, 2017, 2:40 PM
MichaelS's Avatar
MichaelS MichaelS is offline
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Join Date: Jan 2006
Location: Calgary
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Quote:
Originally Posted by MalcolmTucker View Post
If there is a market failure, that is the reason for government action. For government intervention. Just like phones, cable, natural gas, electricity, airports.

If you think without government action in the space a stadium will be built then there is no market failure.


I just haven't seen any evidence to support that there is a huge untapped or unseen to outsider profit being made here that can be used to cover another couple hundred million in capital cost.
Again, our definition of need vs want is different. I suppose we will see how most other people align during the next election (as I am pretty sure this will be a big issue for this years municipal election). Utilities, critical transportation infrastructure, etc... are needs in my opinion. Entertainment venues are wants.
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