Where does the money for hosting the 2010 Winter Games come from?
The budget for hosting the 2010 Winter Games is broken down into two categories: the capital infrastructure budget and the 2010 Winter Games operating budget. The capital infrastructure budget covers the construction of new venues and the renovation of existing facilities. As of January 2006, the federal and provincial governments have each committed $255 million to the capital budget for a total of $510 million. The operating budget for hosting the 2010 Winter Games is expected to be funded by television revenues, corporate sponsorships, ticket sales, licences and other private contributions. VANOC will be responsible for obtaining the necessary funding. Government funding is not intended for the operating budget.
