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Vancouver's Olympic bids
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"Olympics cannot be justified on economic grounds" Canadian Centre for Policy Alternatives Friday,February 14, 2003 Olympics cannot be justified on economic grounds Hosting the 2010 Winter Olympics cannot be justified on economic grounds alone. That is one of the key findings of Olympic Costs and Benefits A Cost-Benefit Analysis of the Proposed Vancouver 2010 Winter Olympic and Paralympic Games, released today by the Canadian Centre for Policy Alternatives. The study shows that the Olympics will not pay for themselves. "The Games are not attractive from a financial point of view," says Dr. Marvin Shaffer, co-author of the study and one of the architects of the province's Multiple Account Guidelines (used for undertaking cost-benefit analyses of major capital projects).
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Paper Information
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Title: Vancouver's Olympic bids
Words: 461
Rating: None
Pages: 1.8
submitted by: thedarktowerca
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