Quote:
Originally Posted by Jebby
Yeah because the private sector isn't interested in delivering the best product possible for the lowest costs, right? Only government has that profit motive to think about....
Oh wait...
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Generally, that's what the private sector does but not in every case. When it comes to the convention centre and the stadium, what could they possibly do differently for these facilities that are subsidized operationally?
And these facilities are subsidized because of the economic activity they provide, thus there's a greater benefit that isn't ignored. The private sector has no mandate to maintain these public assets for the greater good.
I simply don't trust the private sector with BC Place and VCC, especially after all the tax dollars invested. They might be bleeding red, for now, but they aren't exactly broken.
And if we include the value of the land plus the investments on building these facilities, and the taxes the private sector would have to pay, how could we possibly think the private sector could do a better job operationally? The folks at the Vancouver Convention Centre already do an amazing job.