Interesting article. Certainly I dont think it makes any sense to compare an Event Centre or BMO, to community rec facilities or the green line. The first 2, while having local benefit, are economic drivers in that they bring the outside to Calgary. Those short term lifts that fill hotels, restaurants, ect... Community rec facilities, parks, affordable housing public transit ect are all annual operational losses that you take on to provide ease and quality of life to your citizens...but they dont directly help you economically, it's more of a wholistic vision that hopefully drives people to move here . If all we ever did was invest in those, the city would be "boring", but operate well. If it was the inverse, we'd be a tourist mecca but a horseshit place to live. You need to do both.
True. I'll go to the grave that the Olympics were a huge missed opportunity for the city, given what we already have in play to use, the external investment that we'll never see now. Just a calamity in how it was rolled out