: News Article:
One step close to a new arena in Quebec
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11-18-2010, 10:27 AM
Join Date: Feb 2009
Originally Posted by
First, I never said 21% was impressive. It's 2,3% a year and it's a fair growth considering it includes 2008 and 2009. I simply shows the city got richer. With inflation around 1%, the buying leverage of the population grew as well. It's a good indicator for the professionnal sport industry. Also, I never said the economy was booming. A boom would be the 90' in Calgary or the 80' in Japan. The situation is far from perfect and you are right saying we're short on work forces. But still, 5% unemployment rate still means that people living there are at work and get paid each week. Another good indicator for the profession sport industry.
Also if you want to compare Montreal vs Quebec city in economical terms, which by the way, as nothing to do with this argument since Montreal as nothing to do with the possibly or not of having a new arena and a hockey franchise in Quebec city, the GDP growth of Montreal since 2000 is 19,1%. Montréal population grew less than 10% since 2001. Quebec city grew about 7%. While it's less, it's still growing. I don't even know why we compare anyways; it really has nothing to do with anything about this topic.
Now, you're saying my argument is flawed. I consider my point a concept I feel we should respect more then an argument. But you can see it the way you want.
As for the multi functional complex concept, it is not a myth. It is based on facts. Winnipeg built his arena following the same concept and, though then don’t have a hockey team yet, they host an incredible number of concert and shows each year and the only reason is the Arena. I know a lot of people in the entertainment business in Québec city and they are all saying they lose many opportunities each year because nobody wants to perform in the old Colisé anymore. Again, not a myth
- hmm, I'm pretty sure inflation sits higher than 1%. It hovers more above 2% per year.
- I'm not comparing Mtl with Quebec. I'm saying the city is still bleeding people coupled with a shortage of workers, which is a huge factor on the low unemployment rate.
- your argument flawed because you factored in time to your equation. Tax revenues are spent periodically and relatively in proportion with where they come from. Basically, the tax generated by eastern canada a century ago was spent on eastern canada. Alberta has historically never depended on federal money and in that sense, has always lost more than it generated, regardless of its population size. Simply put, the taxes cumulated by Quebec a century ago do not sit in a magic tresor trunk in Ottawa.
- As for the multifonctionnal complex, I think it's been established that large venues prefer to have repeated dates in a very large city than travelling around. It makes sense economically for them. That might explain why Montreal is often skipped and Toronto is the only canadian date in a tour. The new complex might attract more venues, but to claim they would fill up the calendar...I have doubts. Can we get stats about Winnipeg success with their latest buiding?
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