It’s the official end of the 2010 Olympics.
Organizers of the games awarded to Canada 11 years ago held their final meeting last week (June 27th) where final budget numbers were reviewed and an independent auditor confirmed there is no debt linked to these games.
Total revenues and expenses amounted to nearly $1.9-billion, but that doesn’t factor in all the money taxpayers spent ensuring Vancouver and Whistler were ready to host the world.
VANOC’s Chief Financial Officer, John McLaughlin, insists big ticket expenses, which included upgrading the Sea-to-Sky highway, building the Canada Line skytrain and a new Convention Centre, were not part of the budget, but they’re all welcome additions.
“The main thing about all those assets is that they’re legacy assets for the province.”
The total cost of the 2010 Olympics has been pegged at anywhere between six and eight billion dollars compared to this year’s games in Russia which had a price tag of more than $50-billion.