As relevant as the day it was written, way back in 2015 during the CSEC's first foray into finding public subsidy for their industry with Calgary Next:
https://flamesnation.ca/2015/08/24/how-to-think-critically-about-calgarynext/
Everything in that article remains the same in 2015 as 2021 today: the tactics, the approach, the pro-Flames Calgary Herald columnist dramatists. For me the most funny 2015-specific comment one to me is the threats of losing an Olympic bid with a new stadium. The logic reads backwards too - if we don't have an Olympic bid anymore, one less reason to build a new stadium? But I digress.
Back to base principles, the article summarizes well: even now, let's remember we (Calgarians in general, the public taxpayer in specific) "owe" the Flames exactly zero for a new arena. We can choose to support them like any other business - sales of merchandise, tickets, tv streams etc. Just because it's framed as a negotiation between CSEC and the city, it doesn't have to be. We never have and never will owe them anything for a facility. The only reason we might want to get involved at all is to help shape outcomes above and beyond what we would do through the normal development process of any other building (e.g. design, community integration, some guarantee community access).
Because they don't actually have a good business case for any public money at all, the only playbook the CSEC has ever had is the political angle:
- Always: "If we don't get a stadium we might move the team! "
- More recently: "the real reason you don't get a new stadium is the big, bad city - you know those jerks that tax you - is adding costs like sidewalks unfairly to our poor little project! "
To accept proposition #2 (city is the bad guy after allocating $300M of your money already to us), you have to trust the CSEC is acting in good faith and are truthful. You can't accept they are acting in good faith because of proposition #1 (we are threatening you). It's been laughably transparent on every step throughout this whole arena saga.
Let's face it, if things cannot be resolved with CSEC and they do follow through on their threat to pull up stakes, then the entire development for that part of the city is forever changed. I would say it may also impact on future plans the Calgary Stampede has as well.
Hopefully! What has 40+ years of CSEC and Stampede subsidy and schemes gotten us for development in the area? The development track record in the area is worse than if neither party existed in the first place.