The Canadian Centre for Policy Alternatives has been, and continues to be, profoundly important to Canadian democracy…. It is virtually unique in its breadth of ideas and its depth of research.
- Ed Broadbent
Issue(s): Economy and economic indicators, Employment and labour, Municipalities and urban development
July 1, 2003
Vancouver has won the opportunity to host the world at the 2010 Winter Olympic and Paralympic Games. The widespread (though not universal) display of triumphant joy by supporters underscores the main reason for hosting the Games - pride and enjoyment.
But the cost-benefit analysis I co-authored of the 2010 Winter Games indicated clearly that these benefits will come at a financial cost - some $1.2 billion (net present value in 2010). And, that cost could get higher.