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Originally Posted by Bunk
I just don't know the answer. Did the Province incur overages themselves? I was under the impression that VANOC was under budget in operations and capital.
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Well the convention center was a complete disaster.
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The original price tag was $495 million, which included a capped federal injection to share the cost. In the end, expenditures rose to $883 million, leaving the province on the hook for almost $400 million.
“This is the largest overrun of any public project in B.C. history,” Dix told The Tyee in an interview before the opening. “That money is now spent and gone.”
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https://thetyee.ca/Blogs/TheHook/Oly...tre-expansion/