Close X
Monday, November 25, 2024
ADVT 
National

Pan Am Games $342 MillionOver Budget: Ontario Auditor General

Darpan News Desk The Canadian Press, 08 Jun, 2016 11:05 AM
    TORONTO — Ontario's auditor general says last summer's Pan Am and Parapan Am Games in Toronto came in $342 million over budget, but the province still paid more than $5 million in performance bonuses.
     
    Officials had said spending for the Games was within the $2.4-billion budget, but Bonnie Lysyk's audit found that the total cost was about $2.5 billion.
     
    She says when compared to the adjusted bid budget of about $2.2 billion, the Games were actually $342 million over budget, and since Ontario committed to paying most of the cost overruns, the province was on the hook for an extra $304 million.
     
    The TO2015 organizing committee had agreed to pay $5.3 million to 53 senior employees if they stayed until the end of their contracts and the net operating and capital budgets were met.
     
    Lysyk says that the full bonuses were paid, even though organizers asked the province for — and received — a $74-million increase in the net operating budget, and were responsible for managing less than two per cent of the capital budget.
     
    The auditor general says "nonetheless," Ontarians can take pride in the Games as they were on time, with no major incidents and Canada had its best-ever medal counts.

    MORE National ARTICLES

    Richmond Police Release Suspect Description In Targeted Killing Of Amarjit Singh Sandhu

    Richmond Police Release Suspect Description In Targeted Killing Of Amarjit Singh Sandhu
    Suspect is described as being a male in his early to mid 20’s, approximately 6 feet tall, slim/slender build, wearing a grey or light grey coloured hoodie or coat, medium to dark coloured pants and possibly wearing a baseball cap.

    Richmond Police Release Suspect Description In Targeted Killing Of Amarjit Singh Sandhu

    More Arrests In Surrey Aimed At Disrupting Drug Trade And Violence

    More Arrests In Surrey Aimed At Disrupting Drug Trade And Violence
    The Surrey RCMP continues to make progress disrupting the drug trade and the resulting violence that has occurred in the city this year.

    More Arrests In Surrey Aimed At Disrupting Drug Trade And Violence

    Students Walk Out Of Classes After 5 Youth Suicides In Small Ontario City

    Students Walk Out Of Classes After 5 Youth Suicides In Small Ontario City
    WOODSTOCK, Ont. — Hundreds of students have walked out of their classrooms to raise awareness about a number of suicides in their small southwestern Ontario city.

    Students Walk Out Of Classes After 5 Youth Suicides In Small Ontario City

    Surrey Firefighter Receives Medal Of Good Citizenship

    Surrey Firefighter Receives Medal Of Good Citizenship
    Minister of Technology, Innovation and Citizens’ Services Amrik Virk, on behalf of Premier Christy Clark, presented Dylan Van Rooyen, a selfless volunteer in Surrey, with the Province’s newest honour, the Medal of Good Citizenship.

    Surrey Firefighter Receives Medal Of Good Citizenship

    Delta Police Say Drugs Seized In Fentanyl Lab Test Positive For W-18

    Delta Police Say Drugs Seized In Fentanyl Lab Test Positive For W-18
    Delta Police are again warning drug users to “know your source” after drugs seized in a recent bust tested positive for the drug known as W-18.

    Delta Police Say Drugs Seized In Fentanyl Lab Test Positive For W-18

    Sperm Bank and Fertility Centre Sued for Allegedly Describing Mentally Ill Sperm Donor as Genius

    Sperm Bank and Fertility Centre Sued for Allegedly Describing Mentally Ill Sperm Donor as Genius
    Two Vancouver families are suing a US sperm bank and a Vancouver based fertility centre following reports of misidentification of sperm donor who was described as a genius but was actually convicted felon diagnosed with mental health issues. 

    Sperm Bank and Fertility Centre Sued for Allegedly Describing Mentally Ill Sperm Donor as Genius