For months, the B.C. government has been under pressure to release an updated tally for the cost of hosting seven FIFA World Cup games in two years.
B.C. estimates the costs are expected to be offset by revenues and a federal contribution, leaving the net cost to taxpayers for the games at between $100-million and $145-million. She and Vancouver Mayor Ken Sim said they were confident costs could be contained within these latest estimates. Sim, who flew to Qatar to watch the previous World Cup shortly after he took office, called hosting the games a “no-brainer” that would be like a “month-long commercial” for tourists around the globe to visit his city.a sports economic expert at the University of Alberta, has said estimates for any large-scale sporting event tend to be wrong and claims about economic benefits are often dubious.
British Columbia Alberta Western Canada Regionalpage
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SooToday - 🏆 8. / 85 Read more »
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »
Source: PGCitizen - 🏆 65. / 51 Read more »
Source: SaltWire Network - 🏆 45. / 63 Read more »
Source: SaltWire Network - 🏆 45. / 63 Read more »
Source: globebusiness - 🏆 31. / 66 Read more »