Become a part of the TranceAddict community!Frequently Asked Questions - Please read this if you haven'tSearch the forums
TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > Canada > Canada - Toronto & Southern Ont. > World aquatics championships pulled from Mtl
Pages (2): [1] 2 »   Last Thread   Next Thread
Share
Author
Thread    Post A Reply
starsearcher
DigitalPunk on Flight643



Registered: Jan 2003
Location: Toronto
Evil1 World aquatics championships pulled from Mtl

This is so stupid and seems so typical to where we live...pathetic Why can't they get anything right (government and etc...)

quote:
World swim championships pulled from Montreal

CTV.ca News Staff

It appears money problems have sunk plans to hold the 2005 world aquatic championships in Montreal, Quebec this summer.

In a unanimous decision announced Wednesday, aquatic sports' world governing body, the Fédération Internationale de Natation, said the city had fallen short of the requirements to host the competition in July.

"The FINA bureau regrets having had to make this decision but this was necessary to secure the holding of the championships 2005,'' the federation said in a statement.

Responding to word of the cancellation, organizers in Montreal said they never doubted their own ability to stage the championships, but nevertheless accepted the decision with "deep regret."

"The organizing committee always remained confident that it could organize successful championships in Montreal. However, the decision from FINA is the result of various partners not able to come to a compromise on the financing of the championships," their statement said.

Organizers of the two-week competition -- which was to include swimming, diving, water polo, and synchronized swimming -- has had trouble raising money to cover the budget promised when Montreal was named host back in 2001.

Despite the announcement Tuesday that Tourism Montreal would kick in an extra $500,000, hot on the heels of the Aquatic Federation of Canada's decision to forgo a $500,000 legacy it was promised by the games, the organizers were unable to cover a budget shortfall of millions.

Chief among their shortcomings was the inability to drum up sufficient support from corporate sponsors. In turn, it was believed sponsors remained uninterested because organizers sold just a fraction of the available tickets.

Anticipated as one of the largest sporting events to visit Montreal since the 1976 Olympics, federal, provincial and municipal governments had all poured millions into the project -- most of which was spent on a various infrastructure projects.

According to Aquatic Federation of Canada president Linda Cuthbert, pulling the games now will have the effect of "setting Canadian sport back several years."

"There are questions in the international community about Canada's commitment to sport. Any federation looking at hosting an event in the next 10 years, you can be sure they won't have confidence in our ability to host it," Cuthbert said.

FINA is expected to announce a new host city by mid-February.

Among the rumoured contenders are Long Beach, California, Athens, Greece and Germany's Munich or Berlin.

With files from The Canadian Press


___________________
Photo Album: *Click*

Old Post Jan-19-2005 20:02  Israel
Click Here to See the Profile for starsearcher Click here to Send starsearcher a Private Message Visit starsearcher's homepage! Add starsearcher to your buddy list Report this Post Reply w/Quote Edit/Delete Message
girllovingtvibe
on a happy vibe



Registered: Apr 2004
Location: Somewhere between the music and the waves

so crappy - we can't get any funding it seems for a lot of artistic and sports events...very frustrating...


___________________
"For attractive lips, speak words of kindness. For lovely eyes, seek out the good in people."

Old Post Jan-19-2005 20:29 
Click Here to See the Profile for girllovingtvibe Click here to Send girllovingtvibe a Private Message Add girllovingtvibe to your buddy list Report this Post Reply w/Quote Edit/Delete Message
malek
drinks your milkshake!



Registered: Nov 2001
Location: Montréal

Shame on the federal govt for posting record surpluses and not fund elite sporting events... while banning advertizing by the tobacco industry.

Old Post Jan-19-2005 20:52 
Click Here to See the Profile for malek Click here to Send malek a Private Message Visit malek's homepage! Add malek to your buddy list Report this Post Reply w/Quote Edit/Delete Message
starsearcher
DigitalPunk on Flight643



Registered: Jan 2003
Location: Toronto

quote:
Originally posted by malek
Shame on the federal govt for posting record surpluses and not fund elite sporting events... while banning advertizing by the tobacco industry.


I even forgot we had a surplus...that's even more embarrasing now


___________________
Photo Album: *Click*

Old Post Jan-19-2005 20:55  Israel
Click Here to See the Profile for starsearcher Click here to Send starsearcher a Private Message Visit starsearcher's homepage! Add starsearcher to your buddy list Report this Post Reply w/Quote Edit/Delete Message
drgoodvibe
skoun'drl



Registered: Mar 2003
Location: In the flash

maybe paying down the national debt is more important at this time??


___________________
http://www.travelninja.com
------------------------------------

Old Post Jan-19-2005 21:05  Canada
Click Here to See the Profile for drgoodvibe Click here to Send drgoodvibe a Private Message Visit drgoodvibe's homepage! Add drgoodvibe to your buddy list Report this Post Reply w/Quote Edit/Delete Message
walkindude
Supreme tranceaddict



Registered: Nov 2003
Location: Toronto, Canada

yes, its is is kinda sad that they are not going to have it..but,

- the cities should support these kind of things themselves...

-the olympics fiasco of '76, Quebec did not want Federal help for the games, and then Ottawa had to step in and do what they could so that the games would go on...

-If you read other sources, you will read that they werent actually selling that many tickets for the acquatic championships.....

Old Post Jan-19-2005 21:07  Bahrain
Click Here to See the Profile for walkindude Click here to Send walkindude a Private Message Add walkindude to your buddy list Report this Post Reply w/Quote Edit/Delete Message
malek
drinks your milkshake!



Registered: Nov 2001
Location: Montréal

quote:
Originally posted by walkindude
yes, its is is kinda sad that they are not going to have it..but,

- the cities should support these kind of things themselves...

-the olympics fiasco of '76, Quebec did not want Federal help for the games, and then Ottawa had to step in and do what they could so that the games would go on...

-If you read other sources, you will read that they werent actually selling that many tickets for the acquatic championships.....


For the ticket part, they started selling them 9 to 10 months before the event... its really hard to create enthusiasm for this kind of event that early... remember the number of tickets sold at the Greek Olympics?? They really started selling them weeks before the events... not months.

Old Post Jan-19-2005 21:17 
Click Here to See the Profile for malek Click here to Send malek a Private Message Visit malek's homepage! Add malek to your buddy list Report this Post Reply w/Quote Edit/Delete Message
malek
drinks your milkshake!



Registered: Nov 2001
Location: Montréal

quote:
Originally posted by drgoodvibe
maybe paying down the national debt is more important at this time??


hmm not really. Its not necessary to pay the national debt, it decreases by itself year after year.

Or at least, they don't have to spend the whole surplus for the debt.

Old Post Jan-19-2005 21:18 
Click Here to See the Profile for malek Click here to Send malek a Private Message Visit malek's homepage! Add malek to your buddy list Report this Post Reply w/Quote Edit/Delete Message
drgoodvibe
skoun'drl



Registered: Mar 2003
Location: In the flash

quote:
Originally posted by malek
hmm not really. Its not necessary to pay the national debt, it decreases by itself year after year.


Uhh if you leave the debt alone it doesn't decrease by itself, remember there is interest that the gov has to pay on it. This then means that the debt increases by itself even if we don't take on anymore debt.

http://www.ndir.com/SI/education/debt.shtml

http://canadianeconomy.gc.ca/englis...ublic_debt.html

quote:

The cost of servicing that debt was about $45 billion, or 26% of all government spending.


___________________
http://www.travelninja.com
------------------------------------

Old Post Jan-19-2005 21:34  Canada
Click Here to See the Profile for drgoodvibe Click here to Send drgoodvibe a Private Message Visit drgoodvibe's homepage! Add drgoodvibe to your buddy list Report this Post Reply w/Quote Edit/Delete Message
malek
drinks your milkshake!



Registered: Nov 2001
Location: Montréal

quote:
Originally posted by drgoodvibe
Uhh if you leave the debt alone it doesn't decrease by itself, remember there is interest that the gov has to pay on it. This then means that the debt increases by itself even if we don't take on anymore debt.

http://www.ndir.com/SI/education/debt.shtml

http://canadianeconomy.gc.ca/englis...ublic_debt.html


The govt does pay the intrest every year. There's no discussing that.

What I am saying is that instead of paying some capital with the 8-9 billion surplus, the govt should invest it instead.

And when I am saying that the debt decreases by itself, i'm not talking about its nominal value (lets say 500 billions), but its value toward the Canadian GNP... remember something called inflation?

Old Post Jan-19-2005 21:41 
Click Here to See the Profile for malek Click here to Send malek a Private Message Visit malek's homepage! Add malek to your buddy list Report this Post Reply w/Quote Edit/Delete Message
drgoodvibe
skoun'drl



Registered: Mar 2003
Location: In the flash

quote:
Originally posted by malek
The govt does pay the intrest every year. There's no discussing that.

What I am saying is that instead of paying some capital with the 8-9 billion surplus, the govt should invest it instead.

And when I am saying that the debt decreases by itself, i'm not talking about its nominal value (lets say 500 billions), but its value toward the Canadian GNP... remember something called inflation?


that sounds like the route some other countries are taking. However I don't necessarily believe that's good policy. Paying down the national debt also makes the Canadian economy attractive to investors. Now if we don't have to pay the 45Billion to service that debt per year we would also have a much larger surplus which then we can use to fund social programs and such. If we only service the deficit and inflation it doesn't solve the inherent problem that is still there. However this discussion is still skewed, we're going on the idea that the government used the entire surplus to pay down the debt.


___________________
http://www.travelninja.com
------------------------------------

Old Post Jan-19-2005 21:48  Canada
Click Here to See the Profile for drgoodvibe Click here to Send drgoodvibe a Private Message Visit drgoodvibe's homepage! Add drgoodvibe to your buddy list Report this Post Reply w/Quote Edit/Delete Message
malek
drinks your milkshake!



Registered: Nov 2001
Location: Montréal

quote:
Originally posted by drgoodvibe
that sounds like the route some other countries are taking. However I don't necessarily believe that's good policy. Paying down the national debt also makes the Canadian economy attractive to investors. Now if we don't have to pay the 45Billion to service that debt per year we would also have a much larger surplus which then we can use to fund social programs and such. If we only service the deficit and inflation it doesn't solve the inherent problem that is still there. However this discussion is still skewed, we're going on the idea that the government used the entire surplus to pay down the debt.


I believe that funding infrastructures, education and health are good investments for the future of Canada... that could and would gross out even more surpluses from gained productivity.

I believe the last surplus was entirely put aside for debt payment if we don't count the special 2 billion cushion that the govt is puting aside every year in case of "emergencies".

Old Post Jan-19-2005 21:56 
Click Here to See the Profile for malek Click here to Send malek a Private Message Visit malek's homepage! Add malek to your buddy list Report this Post Reply w/Quote Edit/Delete Message

TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > Canada > Canada - Toronto & Southern Ont. > World aquatics championships pulled from Mtl
Post New Thread    Post A Reply

Pages (2): [1] 2 »  
Last Thread   Next Thread
Click here to listen to the sample!Pause playbackVocal ID Trance 2024 [2025] [1]

Click here to listen to the sample!Pause playbackN3 - "This time will be ours" [2003]

Show Printable Version | Subscribe to this Thread
Forum Jump:

All times are GMT. The time now is 19:56.

Forum Rules:
You may not post new threads
You may not post replies
You may not edit your posts
HTML code is ON
vB code is ON
[IMG] code is ON
 
Search this Thread:

 
Contact Us - return to tranceaddict

Powered by: Trance Music & vBulletin Forums
Copyright ©2000-2026, Jelsoft Enterprises Ltd.
Privacy Statement / DMCA
Support TA!