Quote:
Originally Posted by Leondros
Its still incrementally $1B directly to infrastructure to the city from the province and federal government that otherwise would not have been received.
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The bid budget was what in total? Like $5 Billion? So the average overrun for winter games at 142% so Calgary would be eating an overrun of something in the order of $7 Billion let's say.
So to get $1 Billion of "free magical money", we would need to go $7 Billion into debt.