#65 Stadium Deals are Bad Deals, Guaranteed Income Bill, CMHC Spent Over $900,000 on Name Change

News at the Top – Stadium Deals are Bad Deals

The City of Calgary has decided to hit pause on a massive arena deal before sending the Calgary Flames another truckload of taxpayers’ cash. It needs to cancel it because stadium deals are bad deals for taxpayers.

LINKS: https://www.cbc.ca/news/canada/calgary/flames-calgary-arena-pause-budget-1.5987561

https://calgary.ctvnews.ca/calgary-flames-arena-deal-on-thin-ice-after-team-asks-for-70m-more-from-city-sources-1.5387513

Deep Dive – Guaranteed Income Bill

Liberal and NDP policy conventions endorsed the idea of a guaranteed annual income, but the politicians pushing the idea tend to forget about the bill for taxpayers.

LINKS: https://www.theglobeandmail.com/report-on-business/rob-commentary/everyone-talks-about-basic-income-heres-why-they-dont-implement-it/article27723204/

https://www.fraserinstitute.org/studies/how-much-could-a-guaranteed-annual-income-cost

Waste Watch – CMHC Spent Over $900,000 on Name Change

CMHC spent $924,614 on a purely cosmetic rebranding project, and didn’t tell MPs the full story about the project when first asked at committee.

LINK: https://www.taxpayer.com/newsroom/cmhc-spent-over-900,000-on-stalled-name-change

SIGN the PETITION: https://www.taxpayer.com/petitions/no-home-equity-tax

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