Quote:
Originally Posted by Hockeyguy15
But it is your money, all of it except for the IOC portion. Where do you think the money from the 3 levels of government comes from?
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Well the 1.5 billion of all Canadians (Federal) money isn't getting spent in Calgary if we dont have an international event. Another city in Canada will raise their hand and get it. The IOC is giving 1.2 bill. Then another $2BB will come in during the games as operating revenue to offset operating costs. The city portion is covering unfunded capital projects that will be needed to be dealt with in the next 2-4 budgets. The province portion is the one I least understand unless its upgrading the mountain corridor cluster venues that will be hosting event, which I assume it is.