Comment 58088

By jonathan dalton (registered) | Posted January 26, 2011 at 08:33:37

People seem to forget a couple key facts regarding stadium funding.

  1. The funding was for a 15,000 seat stadium. Any additional capacity for CFL use would have to be covered by the Ticats and / or private sector. None of this additional funding has materialized. Why then do we expect a CFL sized stadium?

  2. Cost overruns were to be covered by the provincial government. Anybody remember that? People were skeptical of this when it was announced. Well, it seems they've jacked their estimates to avoid any overruns, essentially pinning them on the municipality.

I'm not surprised at the lastest figures but make no mistake, the city is getting hosed.

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