From Niagara This Week:
A new convention centre for Niagara Falls could generate at least $93 million in new revenue for the economy and wouldn’t cost the city a cent, says the man heading the drive for the facility.But federal and provincial funding is crucial to the project moving forward.
“The private sector dollars have been committed,” said Dragan Matovic, who’s heading up the Niagara Convention and Civic Centre project. “If they (the provincial and federal governments) don’t commit, the project isn’t going to happen.”
Matovic unveiled plans to council for a $92 million, 231,700-square foot facility for the Fallsview tourist area at Monday’s community services meeting. At the same time, federal Finance Minister Jim Flaherty, was delivering his government’s second budget.