Thursday, July 09, 2009

$850M and Sask taxpayers in the dark

Saskatchewan taxpayers could foot the bill for a $350 million stadium and a $500 million nuclear reactor; yet, the details are sketchy. Both stories were front-page news in the Regina Leader-Post.

The premier has admitted that the reactor could be a money-loser for some time. Richard Florizone of the Uranium Development Partnership says that only 1/3 of the cost of a nuclear research reactor would be recovered by sales of medical isotopes. Florizone and NDP MLA Sandra Morin discussed the issue on John Gormley Live (click here to listen). The provincial and federal governments and likely the U of S would front money, but how much?

As for a potential $350 million new stadium for the Roughriders, the provincial government is keeping the $70,000 report it commissioned under wraps. The football club, the City of Regina, and the federal government are looking at it and taxpayers will see the report...sometime. The CTF has already requested a copy as well as the stadium proposal submitted by the Roughriders to the city early in 2008.

Click here for a panorama of the Riders' current facility, Mosaic Stadium.

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