Governments should do nothing other than:
Everything else should be done by the private sector.
Governments are just bad at the doing of anything – especially development projects.
When the Sens hockey team inhabited Ottawa’s downtown rink (the Civic
Centre) for three and a half years, the city generously volunteered to
build some private suites in their building for us.
They figured they could install 16 skyboxes for a mere $12 million.
The Sens said, “Err, excuse me, do you mind if we do it ourselves?”
We retrofitted their building installing 42 suites for a total of
about $2.9 million including full F,F&E (Furniture, fitup and
That’s $69,000 per suite versus $750,000 if the city did it.
Read more of this article by Bruce M Firestone on https://www.spirepoint.ca/how-to-profit-from-government-development-projects/
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