Top Menu

P3 funding eyed for sports facilities — but hurdles remain

Proposed Quebec City arena{jathumbnail off}

The Harper government and Conservatives are looking at raiding the $1B Public-Private Partnerships Canada (P3) Fund to help build stadiums and arenas across the county, including a new Quebec City arena, but there’s one huge obstacle: the legislation setting up the fund specifically prohibits its use for pro-sports facilities.

That’s a huge obstacle, but one that could conceivably be overcome with some imagination, as fund guidelines also allows for investment in “sports infrastructure.” For instance, one could argue $50 million or so for a new Quebec City arena is money dedicated for the city’s pursuit of a future Winter Olympics, not to benefit a future NHL team. (It’s a harder sell for any federal funding of a nw Edmonton arena.)

And the Quebec City arena bid also fits one of the prime missions of the P3 fund: it would be used to match a private investment in the facility. (At least one; word is that a Canadian brewery is looking seriously at a big naming-rights deal.) Still, the identification of a possible federal funding source is good news if you’re a Quebec hockey fan.

Meanwhile, the fight over Quebec City arena funding is growing even more political: Conservative MPs are warned by Bloc Québécois leaders that support of the arena is key to their chances for reelection:

Bloc Québécois Leader Gilles Duceppe wants the Harper government to help fund an NHL-calibre hockey rink in Quebec City, throwing the politically explosive arena debate into the pre-budget mix.

Speaking at a caucus meeting in the provincial capital Tuesday, Mr. Duceppe predicted the region’s Conservative MPs will pay a price come election time if Ottawa takes a pass on the arena proposal.

RELATED STORIES: Quebecor stepping up to fund Quebec City arena; Quebec City ready to move ahead without federal arena aid; Harper: No federal funding of arenas — unless Olympics are involved; Backup plan in works for Quebec City arena funding; Fallout from NHL to Quebec City could affect Remparts; Harper backtracks on federal funding of Quebec City arena; Could new Quebec arena open doors for federal spending on arenas?; Province will pay up to 45 percent of new Quebec City arena; Quebec City on verge of new arena, return of NHL?

Sign up for the free weekly Arena Digest newsletter and keep up with the latest happenings! You can sign up here.

We’re on Facebook!

Follow Arena Digest updates on Twitter!

, , , , , , , ,

Quantcast