City of Calgary makes right Expo decision

CTF applauds City of Calgary for not running massive deficit for Expo 2017


EDMONTON : The Canadian Taxpayers Federation (CTF) applauded the City of Calgary today for pulling out of the race to host Expo 2017.

“The City of Calgary seems to understand what the City of Edmonton does not, that hosting Expo 2017 could cost taxpayers of that city billions of dollars,” said CTF-Alberta director Scott Hennig. “Citizens need to see past the mythology and understand that Expo 2017 won’t be anything like Expo ’67 or Expo ’86,” continued Hennig. “Those were large, six-month, registered Expo’s that attracted tens of millions of visitors, Edmonton ’s own feasibility report pegs attendance for a three-month, recognized Expo at 4.7 million.” The City of Calgary ’s calculations suggest hosting Expo 2017 would have cost taxpayers anywhere from $380 million to $1 billion. Mayor Bronconnier said, “we are not prepared to ask taxpayers to cover a potential $1 Billion shortfall.” “Kudos to the City of Calgary for getting out of the bidding before it wasted another cent. Maybe some of this common sense will rub off on the City of Edmonton . Otherwise, the hangover will last longer than the party,” concluded Hennig. More information on the CTF’s position on Expo 2017, please visit: [url=http://www.taxpayer.com/alberta/expo-nential-waste-money]http://www.taxpayer.com/alberta/expo-nential-waste-money[/url].

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Canadian Taxpayers Federation——

Canadian Taxpayers Federation