Province seeks refund from Olympic bid
Posted Jan 7, 2019 09:04:40 AM.
This article is more than 5 years old.
CALGARY (660 NEWS) – The province is looking for an Olympic refund.
About $5 million was given to the City of Calgary last spring and another $2 million was paid to the Calgary 2026 Olympic Bid Corporation.
Since the Notley government had committed to paying one-third of the total cost of the bid, it says it will cover one-third of the final costs of the failed effort.
In an emailed statement this morning a spokesperson for cabinet said they hope to receive a partial refund over the next couple of months when an audit of the bid corporation is complete.
The province also paid $2 million to the city to cover the costs of a plebiscite and is expecting to receive a report on that in the coming weeks.