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By goin'downtown (registered) | Posted January 11, 2011 at 19:19:01
A Smith - the Canada Bread factory was a huge, up-front bail-out. And all the environmental laws that ArcelorMittal Dofasco breaks but doesn't get held accountable for are a form of bail-out. In both instances, I believe that they are given breaks because they are investing in Hamilton and employing a good amount of people (in the latter, a huge amount of people). I'm not saying it's right, I'm just saying...
Insofar as a city investing in a publicly-owned stadium, I believe that there are pro's and con's and I don't know who's right. Personally I think having a national team holds a certain cache, e.g. Moncton is beautiful city, but most people don't know squat about it and it isn't top-of-mind. So an investment towards a national sports team could be deemed an investment in marketing the city for business attraction and retention.
But all in all I agree that our city has serious problems with political connections. It's quite a dark situation.
Comment edited by goin'downtown on 2011-01-11 19:19:42
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