Manitoba writes off Blue Bombers stadium loan, province to release new deficit - News Summed Up

Manitoba writes off Blue Bombers stadium loan, province to release new deficit


WINNIPEG — The Manitoba government is writing off the second of two loan segments that helped finance a new stadium for the Winnipeg Blue Bombers of the Canadian Football League. The province has already written off another $118-million loan portion that helped get the stadium built in 2013. Commercial development on the old stadium site, which was to help pay for the new facility, stalled. “The Winnipeg Football Club agrees with the province that the current model is unsustainable and is not viable over the long term. NDP finance critic Matt Wiebe said Pallister failed to provide any documents Wednesday to back up the idea that the loan cannot be repaid.


Source: National Post September 26, 2018 21:39 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */