The provincial government is betting the impact of the Vancouver 2010 Winter Olympics will, in part, stimulate British Columbia's economy out of recession. But, under questioning from reporters, Finance Minister Colin Hansen conceded that bet is based on an analysis prepared by RBC Financial Group prior to the recession. And the government, as first reported by The Canadian Press's Stephanie Levitz - has hired PriceWaterhouseCoopers Inc. to update the forecast. The following is a recording of that scrum.
Favours from Mount Olympus?
March 4, 2009
Is he joking??? The "demand for tickets" is an indicator of a likely successful endeavour in the winter of 2010???
Dear God, how much more piffle can we take? Ticket revenue will be negligible in the general revenue stream. There is NO WAY of knowing what those people will spend, and no way of tracking how long they will stay even.
Ridiculous doesn't even begin to cover it.