The Vancouver 2010 Olympic Games will cost only 1.63 billion
Canadian dollars (US$1.56 billion), 700 million Canadian dollars
less than the original estimate of 1.7 billion, the game committee
VANOC said in a business plan Tuesday.
The game is even expected to have a surplus, which would be used
to fund sports in Canada, organizers said at a news conference in
Vancouver.
VANOC released its 200-page business plan, which says venue
construction program is on budget and on time.
The unveiling comes a day after a watchdog group for the games
gave VANOC a D- grade for not meeting their social and
environmental promises.
The Impact of the Olympics on Community Coalition named lack of
environmental assessment, poor planning for low-income housing and
lack of transparency as reasons for the poor mark.
(China Daily May 9, 2007)