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B.C. AND CANADA FINALIZE OLYMPIC SECURITY ARRANGEMENT
Feb. 20, 2009
Ministry of Finance
2010 Winter Games Secretariat
2010 Winter Games Secretariat
The provincial government and the Federal Government have finalized arrangements for meeting their security obligations for the staging of the 2010 Games. Here are the facts:
- The Province will complete its obligation under the existing security cost-sharing agreement by paying the federal government $63.7 million by March 31, 2009.
- This is the balance of the Province’s $87.5 million funding commitment.
- As part of these arrangements, Canada has agreed to assume complete responsibility of all operations and risks for Olympic Games security and they provide the balance of the funding.
- Games security will be implemented in accordance with operational plans that Canada and the RCMP have developed.
- B.C. recognizes that there will be an increased burden on Canada’s finances in meeting its responsibilities for Games security.
- B.C. also recognizes that Canada must manage other federal commitments such as federal/provincial cost-sharing for infrastructure projects.
- In recognition of the increased federal commitments, B.C. has agreed to increase its share of joint federal-provincial major infrastructure costs by up to $165 million over the next three years.
- This money will be used for needed infrastructure projects such as roads and bridges.
- These funds have been provided for within the provincial budget – coming from the Province’s capital spending contingencies allocation that is shown on Page 34 of Budget 2009.
Letters to the Editor
February 27, 2009
Letter to the Editor
2010 SECURITY COSTS ARE TRANSPARENT
By Colin Hansen
Minister Responsible for 2010 Olympic Games
Submitted: Times-Colonist
Status: TBD
In response to your editorial, I think it's important to point out that we have always been transparent about 2010 Games commitments and costs to the Province and the taxpayer. [Read More]
