Daily Archive for November 23rd, 2007

Thoughts on the convention centre - Part 3

This is the third and final installment of Margin’s thoughts on the convention centre.

That should be the opening premise here: a convention center in Niagara will never make enough money itself to warrant a $100 million investment based on sound economic planning. Yet it is being sold to the public as a business proposition capable of standing on its own.

So, now that all the pieces are in place to build a huge convention business here, let’s maximize the return to the taxpayers of Niagara.

My question is simply “Why not a little wider sharing of the risk and the rewards?”

The time to build a true partnership between the people and this project is now.

Niagara has a unique opportunity to build a community-based economic development model that will be the envy of Canada – a Community Development Agreement that ensures that the benefits are truly spread throughout the region.

To secure widespread and unequivocal public support for this major development, a binding Community Development Agreement should be made immediately with the private proponents of the convention center.

Other parts in the series:

Celebrate the Howl-idays at Great Wolf Lodge’s Winter Wonderland

On Tuesday I received the latest newsletter from the Great Wolf Lodge. They are promoting winter packages for the month of December.

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You can sign up for the mailings by visiting the Email Signup page on the Great Wolf Lodge Niagara Falls web site.

Strong Canada dollar hurts Niagara Falls tourism

From Sympatico Finance:

Niagara Falls, one of Canada’s most prized tourism attractions, is luring fewer American visitors this year because of an unfavorable exchange rate, a Canadian tourism official said on Thursday.

The number of U.S. day trippers crossing the border into Canada to see the spectacular waterfalls has dropped 16 percent this year, Christopher Jones, vice-president of public affairs for the Tourism Industry Association of Canada, told a parliamentary finance committee.

Niagara Falls is one of many cases of lost tourism revenue seen across Canada due to the rising value of its currency against the U.S. dollar, Jones said.