Melnyk is having issues securing more finances. Wonder if it is referring to Chinese foreign real estate investors?
Melnyk is getting desperate.
News Article: Lebreton project
- Thread starter Sensung
- Start date
- Status
Melnyk is having issues securing more finances. Wonder if it is referring to Chinese foreign real estate investors?
Melnyk is getting desperate.
Melnyk's financing issues are legit. He needs to secure funding and his RLG partners aren't happy with him. This is getting very interesting.
NCC deadlines and dealings are jokes. But hope we see a quicker resolution, I don't know if this will be allowed to drag on for another year.
NorthCoast
Registered User
- May 1, 2017
- 1,250
- 1,167
Read up on Edmonton. The negotiation took much longer than the build.
Could be 10 years easily before we have a new rink.
Tnuoc Alucard
🇨🇦🔑🧲✈️🎲🥅🎱🍟🥨🌗
- Sep 23, 2015
- 8,307
- 1,979
BatherSeason
Registered User
Funny you say that because no other city has Eugene Melnyk to contend with either. Goes both ways.
Tnuoc Alucard
🇨🇦🔑🧲✈️🎲🥅🎱🍟🥨🌗
- Sep 23, 2015
- 8,307
- 1,979
The NCC has to justify it's existence, and over studies everything, and over reviews these same studies, and the best example is the razing of Lebreton Flats, and how long it has taken to get anything done there ...... measured in decades now, and this was well before EM entered the picture.
EM is trying to buy NCC land, and build an arena and condos ....... all without Public Funding from the City of Ottawa.
Can we say the same thing about Edmonton, or Calgary and their respective arenas .......... No, both were built with public money.
| City | Opened | Owner | Public Money? |
| Detroit, MI | 2017 | Downtown Development Authority | Yes |
| Edmonton, AB | 2016 | City of Edmonton | Yes |
| Paradise, NV | 2016 | AEG/MGM | No |
| Brooklyn, NY | 2012 | Brooklyn Arena Local Development Corp. | Yes |
| Pittsburgh, PA | 2010 | Sports & Exhibition Authority of Pittsburgh and Alleghany County | Yes |
| Newark, NJ | 2007 | Newark Housing Authority | Yes |
| Winnipeg, MB | 2004 | True North Sports & Entertainment | No |
| Glendale, AZ | 2003 | City of Glendale | Yes |
| Dallas, TX | 2001 | City of Dallas | Yes |
| Columbus, OH | 2000 | Nationwide Insurance/Dispatch Publishing Group (originally) | No |
| St. Paul, MN | 2000 | City of St. Paul | Yes |
| Toronto, ON | 1999 | Maple Leaf Sports and Entertainment | No |
| Denver, CO | 1999 | Kroenke Sports and Entertainment | No |
| Raleigh, NC | 1999 | Centennial Authority | Yes |
| Los Angeles, CA | 1999 | LA Arena Company (AEG) | No |
| Sunrise, FL | 1998 | Broward County | Yes |
| Washington, DC | 1997 | Monumental Sports and Entertainment | No |
| Tampa, FL | 1996 | Tampa Sports Authority | Yes |
| Montreal, QC | 1996 | Molson family | No |
| Nashville, TN | 1996 | Sports Authority of Nashville and Davidson County | Yes |
| Ottawa, ON | 1996 | Capital Sports Properties | No |
| Buffalo, NY | 1996 | Erie County | Yes |
| Philadelphia, PA | 1996 | Comcast Spectacor | No |
| Vancouver, BC | 1995 | Canucks Sports and Entertainment | No |
| Boston, MA | 1995 | Delaware North | No |
| St. Louis, MO | 1994 | City of St. Louis | Yes |
| Chicago, IL | 1994 | United Center Joint Venture | No |
| Anaheim, CA | 1993 | City of Anaheim | Yes |
| San Jose, CA | 1993 | City of San Jose | Yes |
| Calgary, AB | 1983 | City of Calgary | Yes |
| New York, NY | 1968 | Madison Square Garden Company | No |
Qward
Because! That's why!
Masked
(Super/star)
Qward
Because! That's why!
Edmontons was done as part of a redevelopment in the city core and it was a very messy situation with tax payers. Plus the Rexdall centre was the oldest rink in the league besides the islanders barn and it was falling apart. A lot of tax payers didnt want to foot the bill.
Calgary has shot down any attempts by the flames to get the city to pay for a new one.
Edmonton is the only Canadian team to get public funding. Ottawa will not give them public funding and Melnyk knows this, so why bother asking?
It really feels to me like you have a group of people ready to move but Melnyk is the guy searching the couch cushions trying to find money to join.
BatherSeason
Registered User
So half the league is a YES and half the league is a NO, not sure what point you are trying to make here. Are you saying that Melnyk needs the help?? We all know that he doesn't have the money.
BonkTastic
ಠ_ಠ
Well that's weird.
On the one hand - If ever there was a provincial premier who would acquiesce to this kind of proposal, Doug Ford is the guy. That's your best chance ever to get something like this passed.
On the other hand - it does not speak well to Melnyk's current financial position.
Do Make Say Think
& Yet & Yet
- Jun 26, 2007
- 51,438
- 10,253
Unless I misunderstood what Melnyk hopes to do, this is a federal issue since it is about granting permanent residence to investors.
Fat chance of that happening since the previous investor immigration program was axed by Harper.
BonHoonLayneCornell
Registered User
Zorf
Apparently I'm entitled?
- Jan 4, 2008
- 4,946
- 1,566
I used to work at Citizenship and Immigration.
Unless things have changed, getting citizenship is basically on a points system. If you have over $500k that you will invest in Canada, you get A LOT of points.
University degree? Lots of points.
Just GED education? You might have better luck going to a different country...
Stuff like that.
So while you can't necessarily buy citizenship, having money goes a long way towards getting it.
Do Make Say Think
& Yet & Yet
- Jun 26, 2007
- 51,438
- 10,253
BonkTastic
ಠ_ಠ
From what I can parse from the article, it's a provincial pilot program similar to ones already in place in other provinces such as P.E.I.
"... gather support for a pilot Immigration Investor Nominee Program in Ontario “that allows passive foreign investors to secure permanent-residency status through significant investment of capital.”
"Some provinces, such as Quebec and P.E.I., have their own programs in place for any migrants who can guarantee they would invest in the province."
BonHoonLayneCornell
Registered User
Ya that's about what I assumed from my vague knowledge on the subject. Thanks for the clarification.
Do Make Say Think
& Yet & Yet
- Jun 26, 2007
- 51,438
- 10,253
Interesting!
I knew Quebec had one but they have more leeway when it comes to immigration. Good to know other provinces also have similar programs.
I knew it, he has a clone over in Ukraine that he's been funneling money through to avoid taxes. Now he needs funding for lebreton and possibly another liver...The plan is materializing. 
None of this is true.
None of this is true.
GrantLemons
Church of FYOUS
Is the meeting in November considered a deadline? Or have there been other deadlines that have been made public at this point?
stempniaksen
Registered User
- Oct 12, 2008
- 11,167
- 4,492
- Status
