I recently read that HRM will be directly involved in the new one. My first question was why. With all the work we need done on the sewers, roads and the sewage treatment plant just to mention a few things badly in need of attention that fall directly under the City's mandate why are they getting involved in this venture?
As I read further more questions came up and I would like some answers to them.I read where it was a P3 type deal involving all three levels of government and the private sector. Listed were the one time limited donations from Ottawa and Nova Scotia but nothing about a limited donation from HRM and nothing about how much private business will donate. 1. How much will private business donate and who will supply the main check book that will guarantee all costs not covered by the other partners. 2. Who will cover cost over runs? 3. Who will operate it and take any profits? 4. Who will underwrite the deficits annually?
5. Why do we need a new convention centre? The one we have requires annual inputs of cash why do we need a bigger one with bigger operating costs and new, greater debts? This is nothing more than the province downloading it's responsibilities onto the HRM home owner again like John Savage did with enforced amalgamation. How do we tell Peter Kelly and his council (so that they will listen) that people have enough economic problems without them squandering hundreds of millions on something like this.