Vancouver City Council Approves $100 million Bail-Out for Olympic Construction
CBC News, Nov 6, 2008
The City of Vancouver has agreed to lend up to $100 million to bail out the financially troubled company building the athletes village for the 2010 Olympic Winter Games, CBC News has confirmed.
B.C. auditor, province at odds over true cost of 2010 Olympics
Canadian Press, Dec 11, 2008
VANCOUVER, B.C. — British Columbia's financial watchdog says the provincial government is fudging its Olympic budget and he's refusing to release an Olympic audit until the Liberals turn over the numbers.
Column: Olympic Village finances getting scary for taxpayers
By Miro Cernetig, columnist, Vancouver Sun, January 4, 2009
It’s built on Vancouver’s valuable waterfront real estate. How could taxpayers ever get soaked building a glittering, billion-dollar athletes’ village for the Olympics?
Miro Cernetig, Vancouver Sun columnist
Published: Friday, January 09, 2009, Vancouver Sun
The news from Vancouver's Olympic Village is becoming dire. And next Thursday is the day this billion-dollar financial minefield could blow up for the world to see.
More questions in $875 million 2010 village debacle
Updated: Sat Jan. 10 2009 16:47:07, ctvbc.ca
Just 24 hours after Vancouver taxpayers were told they could be on the hook for $875 million in construction costs for the 2010 Olympic athlete's village, the city is still reeling.