Comment 68818

By ScreamingViking (registered) | Posted August 31, 2011 at 21:51:15

It is true. Stadiums do not generate much if any tax revenue, there is a large opportunity cost associated with them, and their economic benefits are not generally very big (at least when they draw fans from the immediate area, who spend money they could have otherwise spent on something else in the city).

But they are, in my opinion, a form of infrastructure. Cultural infrastructure.

Some may not patronize sporting events, or any other cultural amenities most medium-to-large size cities offer, but many people do. I think it's time we started thinking about IWS that way, and its rebuild as an investment in the cultural fabric of Hamilton, instead of a subsidy to a team owned by a multi-millionaire.

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