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Future Nordiques to get nearly free building, what about us?

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Old
09-06-2010, 02:40 AM
  #1
not quite yoda
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Future Nordiques to get nearly free building, what about us?

http://www.sportsnet.ca/hockey/2010/...report_quebec/

"The report states that Charest will then announce that the province will put up $400 million to help pay for the facility."

If this is true, the Quebec government will but up 400 million$ to help facilitate the city of Quebec to build an arena. I understand part of the goal is to attract a future Winter Olympics to the city. The government is always a major player in that. But part of the goal (if not the main goal) is to attract an NHL franchise. That's great.

Now what is the Government of Quebec going to do to help the Montreal Canadiens? do we get assistance of any kind? By the way, the Bell Centre (originally the Molson Centre) was ENTIRELY paid for by Molson Breweries. Not one penny of public money. Looks like Quebecor (likely the future owners of a future Nordiques team) get a free building.

It would be nice to see some equality by the Government. What can they do for us?

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Old
09-06-2010, 02:49 AM
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Fel 96
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woo!


PS: I think you got something for the Olympic Stadium.


Last edited by Fel 96: 09-06-2010 at 03:02 AM.
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Old
09-06-2010, 03:01 AM
  #3
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Quote:
Originally Posted by not quite yoda View Post
http://www.sportsnet.ca/hockey/2010/...report_quebec/

"The report states that Charest will then announce that the province will put up $400 million to help pay for the facility."

If this is true, the Quebec government will but up 400 million$ to help facilitate the city of Quebec to build an arena. I understand part of the goal is to attract a future Winter Olympics to the city. The government is always a major player in that. But part of the goal (if not the main goal) is to attract an NHL franchise. That's great.

Now what is the Government of Quebec going to do to help the Montreal Canadiens? do we get assistance of any kind? By the way, the Bell Centre (originally the Molson Centre) was ENTIRELY paid for by Molson Breweries. Not one penny of public money. Looks like Quebecor (likely the future owners of a future Nordiques team) get a free building.

It would be nice to see some equality by the Government. What can they do for us?
That's good news for Quebec City citizens. I'm pretty sure that Quebecor will pay the full value of the arena but the government wants to help in order to speed up things. Also, they know that they will have the money back anyway in a couple of years.

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Old
09-06-2010, 03:02 AM
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Hopefully that 400M$ arena doesn't become an 800M$ arena.


Also, I'm guessing Quebecor won't be the owner of the building. They'll pay a lease, an expensive one, hence they're not getting a free arena, but the city of Quebec is. You have to be pretty stupid to think the province will just give the arena for free to a company.

As far as what can they do for us. We're getting two mega hospitals. I'll take that over the Molsons getting help.

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09-06-2010, 03:03 AM
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I'd rather they don't build that arena in quebec. Nothing against quebec, just government money is taken from taxes, we pay taxes. Why bother? I get the need for an arena, but fully funded? **** that ****.

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09-06-2010, 03:08 AM
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Quote:
Originally Posted by LyricalLyricist View Post
I'd rather they don't build that arena in quebec. Nothing against quebec, just government money is taken from taxes, we pay taxes. Why bother? I get the need for an arena, but fully funded? **** that ****.
What if the city of Quebec gets ownership. A hockey team's lease + year long entertainment events can be a decent investment long term.

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Old
09-06-2010, 03:13 AM
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I guess my hydro bill will be going up again

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Old
09-06-2010, 03:14 AM
  #8
not quite yoda
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Quote:
Originally Posted by Scotty hates Sergei View Post
Hopefully that 400M$ arena doesn't become an 800M$ arena.


Also, I'm guessing Quebecor won't be the owner of the building. They'll pay a lease, an expensive one, hence they're not getting a free arena, but the city of Quebec is. You have to be pretty stupid to think the province will just give the arena for free to a company.

As far as what can they do for us. We're getting two mega hospitals. I'll take that over the Molsons getting help.
Whatever man 2 mega hospitals means a bunch of smaller ones will close. Where do you think the doctors are going to come from?

It's 4 quarters for a looney.

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Old
09-06-2010, 03:15 AM
  #9
LyricalLyricist
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What if the city of Quebec gets ownership. A hockey team's lease + year long entertainment events can be a decent investment long term.
IF they do. I'm not really looking forward to it if it's a subsidy. Even a loan I can understand, but I don't see the need to potentially build an arena that may not have the olympics nor have an NHL team. It's not that I don't feel the good people around QC city deserve one, just doesn't olympic stadium look awesome now that isn't vacant? I hate that. Kind of annoying. On the bright side, there is concerts, events and other attractions that it could host but 400 mil is a big price to pay to have a band potentially swing by more often. We'll see how it all plays out but not a fan of subsidy. Financially assistance with repayment? I can't complain.

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Old
09-06-2010, 03:20 AM
  #10
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And all Montréal gets is millions for Formula One, Jarry Park, the OSM, the Jazz Fest, Just for Laughs, the Gay Pride, the Francopholies, the Carifête, ect. It's not as if this city does it all on its own either. And don't worry, no one is losing money on their investment in the Bell Centre.

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Old
09-06-2010, 04:34 AM
  #11
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As someone else said, it's only about speeding up things at this point. It would dumb, though, if the government weren't taking a big chunk of the profit this building would generate in the future, until it is fully paid for, and then some. But building the arena is a priority because you never know when the window of opportunity will close for both getting an NHL team in Q.C. (which is a popular move, and a party in power always looks for re-election) and the olympic candidacy that has to be subtmitted sooner rather than later.

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09-06-2010, 04:46 AM
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If I'm not mistaken Winnipeg has a brand new arena but no NHL team.

$400M is a lot of money for a building that has 0 chance of being profitable...

If the report is indeed true, Charest is trying to win his next elections with our money.

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09-06-2010, 05:04 AM
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Welcome to Sweden where one kommun (~=county) up-graded the arena and built two training facilities for $100M, selling it to the local SEL-team for $150M and promises to buy ice time open for the public for roughly $80M over 20 years.

All numbers are fictional since I dont remember the exact ones but in essence the team would have the arena for free after 7-8 years and a steady income for the next 12-13 years to add to revenue and rent for concerts and conferences and so on.

Luckily some paper found out about and the deal never materialised. But politicians can be very generous with money that arent theirs to spend freely...

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Old
09-06-2010, 06:17 AM
  #14
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Quote:
Originally Posted by LeMAD View Post
If I'm not mistaken Winnipeg has a brand new arena but no NHL team.

$400M is a lot of money for a building that has 0 chance of being profitable...

If the report is indeed true, Charest is trying to win his next elections with our money.
wether the report is true or not, bolded part is.

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09-06-2010, 06:39 AM
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If its paid for by the province, do you guys honestly think the majority of the 400 million will be Quebec tax payer money?

I'll be paying for more of that arena than the average Quebec tax payer, and I live in Alberta.

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09-06-2010, 07:09 AM
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LeMAD
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Originally Posted by RStar View Post
If its paid for by the province, do you guys honestly think the majority of the 400 million will be Quebec tax payer money?

I'll be paying for more of that arena than the average Quebec tax payer, and I live in Alberta.
Yeah and we pay for your pollution.


Last edited by LeMAD: 09-06-2010 at 07:27 AM.
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Old
09-06-2010, 07:19 AM
  #17
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Back to the topic, a hockey team in Quebec City (Or Winnipeg/Hamilton) is destined to fail.

Right now is a great time for Canadian teams, but not so long ago every team except the Leafs were losing money.

When the American economy gets back on track (or when ours will crash), things will get back as they were 15 years ago in the league, and Quebec will lose its team while Edmonton and Ottawa will struggle to survive.

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Old
09-06-2010, 07:32 AM
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I wonder how much money the government spent on the Olympic Stadium through the years... with that said Quebec city deserve help from Gov to get new arena, especially if the goal is for the Olympics.

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09-06-2010, 07:49 AM
  #19
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They should put a casino in the building , so the Quebec residents re-pays all of this

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Old
09-06-2010, 08:30 AM
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Originally Posted by Fel 96 View Post
woo!


PS: I think you got something for the Olympic Stadium.
Aren't the payments for the stadium still not over? The way i see it, that building has been more of a money sink hole than anything. Sure, i guess the olympics were nice for those who witnessed it. But today, how many still care about it?

Some building that was...


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Old
09-06-2010, 08:48 AM
  #21
Pascal
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Quote:
Originally Posted by not quite yoda View Post
http://www.sportsnet.ca/hockey/2010/...report_quebec/

"The report states that Charest will then announce that the province will put up $400 million to help pay for the facility."

If this is true, the Quebec government will but up 400 million$ to help facilitate the city of Quebec to build an arena. I understand part of the goal is to attract a future Winter Olympics to the city. The government is always a major player in that. But part of the goal (if not the main goal) is to attract an NHL franchise. That's great.

Now what is the Government of Quebec going to do to help the Montreal Canadiens? do we get assistance of any kind? By the way, the Bell Centre (originally the Molson Centre) was ENTIRELY paid for by Molson Breweries. Not one penny of public money. Looks like Quebecor (likely the future owners of a future Nordiques team) get a free building.

It would be nice to see some equality by the Government. What can they do for us?
You make it sound as if the government is a charity of some sorts.. taxpayers will pay for the quebec arena. And why would Montreal need help with anything?..

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Old
09-06-2010, 09:08 AM
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Actually, Quebec is a very attractive city for politicians, since people here are not afraid to vote for a different party every election.

In Montreal, people will vote Liberal/PQ for their whole life, it`s not very politically healthy

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Old
09-06-2010, 09:18 AM
  #23
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Actually, Quebec is a very attractive city for politicians, since people here are not afraid to vote for a different party every election.

In Montreal, people will vote Liberal/PQ for their whole life, it`s not very politically healthy
That's absolutely wrong, I don't even vote

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09-06-2010, 09:35 AM
  #24
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I guess my hydro bill will be going up again
Hydro is already super low compared to all the other countries

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09-06-2010, 09:49 AM
  #25
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Tax payer money has been wasted in much bigger amounts and for much dumber things - the canadian firearms registry for one or even the Bastarache commission.

I've also personally wasted money on silly things, bought channels I never watched, bought food I never ate, etc.

If I could give 100$ bucks over 10 years for the habs to have their rivals back, I'd do it without a second thought. Heck, I'd do it for the jets too.

I can't really say I am going to lose sleep over it as a hockey fan. Give/lend 'em all the money they need I say.

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