The 2009 BC Liberal platform makes broad promises and one of them provides the title for this piece. Their platform offers this additional reassurance:
“. . . expenditures, backed up by a detailed business plan for every ministry. But our record shows that we have the competent team and credible plan to get it right.” Does that give you confidence tax dollars will be managed prudently? Perhaps we should examine BC Liberal announcements for one ongoing mega-project, BC Place Stadium.
Pavco pain
What happens when you’ve got a stadium that cost taxpayers more per seat than almost any sports arena in the world has cost the public and it’s only needed a few days […]
Similarities, including the price
For roughly the same amount Pavco paid for modifications to BC Place, Poland built, from the ground up, Stadion Narodowy, a 58,145 seat arena and conference centre with similar retractable roof technology […]
BC’s crony capitalism in action
This item was first published March 17 but is worth reviewing because it fits with Thursday’s post, Patronage and private privilege – BC Liberal P3. It is apparent that Christy Clark and […]
Crony capitalism, part duh…
I don’t know that I will bother writing about the detail that I’ve accumulated in examining convention centre projects in North America and abroad. Regular readers can probably guess accurately at what […]
Failing upward
In the five years 2009-2013, B.C. Pavilion Corporation, the provincial operator of BC Place and the Vancouver Convention Centre, accumulated deficits totaling $234,178,000 before public contributions (Source: Pavco audited financial statements). During […]
NOT for the people
In an 1830 speech, Massachusetts Senator Daniel Webster said that government should be “Made for the people, made by the people, and answerable to the people.” British Columbia’s present ruling political class […]
As much as anyone, Liberals hurt themselves
“A lie is an affront to the soul, as well as an insult to the intelligence of the person to whom one lies.” ― Judith McNaught Underwear mfg is prime sponsor Tickets […]
No doubt about the winner in a contest of one
Ian Reid and Bob Mackin have been the leading journalists examining Paragon Gaming’s past relationship with Pavco. We knew Paragon had an inside track for the proposed casino at BC Place but […]
No news is likely bad news
With the first quarter of British Columbia’s current fiscal year ending, public agencies and crown corporations will soon release annual reports and audited financials for the year ended March 31, 2012. A […]
What’s up at PavCo besides operating losses?
Whispered leaks say that PavCo’s professional managers are arm wrestling with political hacks who want only happy talk reaching ears of the public. Trouble is, good news at PavCo is mostly spin […]
Something is rotten in the state of PavCo
The government’s fiscal year ends in a few days so here’s a suggestion for more accurate financial reports in BC. Add a separate line item for “Fraud, Theft & Abuse.” That way, […]
Bob Mackin poses a good question
B.C. Place’s field of fire, 2010 Gold Rush, NEWS AND VIEWS ON VANCOUVER 2010 (AND BEYOND) FROM BOB MACKIN. “What is the final cost of the stadium for taxpayers? How much is […]
Some targets are easier to make than others
Forget land costs, interest, management and operating expenses; BC Place still needs $2.5 million a month to break even. That represents amortization of recent renovation costs over 20 years. Of course, the […]
Has the game changed or merely the players?
Recently, I was amused by a certain radio news-talk host angrily sputtering in response to callers’ claims that he was partial and passive in political coverage. He replied that, in a very […]
Stadium skeptics proved wrong
News Item: “Former Pink Floyd frontman Roger Waters will be building an even bigger Wall at BC Place on May 26 next year. “In an announcement made Tuesday morning, BC Place and […]
Online journalists saved the bacon
Gordon Campbell and PavCo’s David Podmore made an announcement in March 2010: Downtown Vancouver is getting a new $450-million casino and hotel complex to anchor its new “entertainment epicentre,” B.C. Premier Gordon […]
Can we believe anything they say?
Pavco’s convention centre and stadium deals fascinate me. People residing beyond BC’s lower mainland are probably more pissed-off than fascinated. The arrangements clearly demonstrate disaster potential when public and private enterprises work […]
Truth a long time casualty at PavCo
Harvey Oberfeld recently called professional sports teams: “… the worst corporate welfare bums … trying to get working class British Columbians, through our taxes to subsidize various aspects of their operations. “And […]
It’s the union’s fault – Pavco’s truthiness
The stadium soon to be named Telus Park opened to CFL fans Friday but the facility was troubled with inadequate concessions and services. Early Saturday, CKWX News reported: “The line-ups were too […]
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