Buchart opposed the True North Entertainment Centre's bid to construct an arena on the site of Winnipeg's old Eaton's building in 2002. He spearheaded a court challenge against the Assiniboine Credit Union's decision to fund the project, describing the initiative as a risky venture for members (including himself). He later drew attention to the initial transfer of ownership for the Eaton's building, which was permitted on a sworn value of $10 and resulted in the non-payment of a provincial land transfer tax. Following criticism, the government imposed a transfer tax of $100,000. The property was valued at five million dollars in a subsequent transfer of ownership.