After all the silliness about shoe-horning the stadium into Point Douglas, the right decision was made. I will be glad to see the old stadium go, and I think this is a fair deal for taxpayers. However, I question the accuracy of this statement:
Under previously announced terms, the deal will see the city of Winnipeg sell Creswin the existing Canad Inns Stadium site at full market value"Full market value" is what you pay when you submit the highest bid on the open market. It's not what you pay when you shut everybody else out of the market and negotiate a price over crumpets and tea in somebody's living room. I am not advocating scrapping the deal because of this clause, or anything. I am just saying they should be a little more honest with their wording, using a phrase like: "something resembling market value".
So, David Asper, have you stopped smoking?
Good point about the market. There was no free market present in this situation.
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