An Olympic sized Canadian bail-out for Intrawest could mean all Canadians pay for the 2010 games – whether they want to or not.
From the NY Post :
Fortress says it is negotiating with the Canadian government, which it says promised to make it whole for the time Whistler/Blackcomb mountain is used for the Olympics. Intrawest is trying to get roughly $90 million, and wants to be paid before the Games start on Feb. 12, a source said.
If it does not get paid, Fortress plans to start legal proceedings, the source added. It is unclear if that could disrupt the Winter Olympics.
Read more: http://www.nypost.com/p/news/business/ski_venue_cold_cash_CI7Dzm00ESILjSYEvdc0YN#ixzz0eJDxF26L
CBC has also picked up the NY Post story, featuring it HERE.
So,let me get this straight…..Stephen Harper makes everyone stop playing in the big government sandbox because someone uncovered a few turds in the sand that his camp couldn’t manage to hide, yet someone still managed to promise a private corporation $90 million Canadian taxpayer dollars? All so the 2010 Olympics can continue as planned?
HELLO, Stevie, did you ask anyone if they wanted to pay for this? Shouldn’t we have a vote on this? Good God, what next?
( in a funny Olympic twist, it turns out the torch run in Surrey is going to travel right through my neighbourhood…. but the kicker is that it travels right by no less than 4 well-known crack houses on a stretch of 60th avenue that are not only huge eyesores in this lovely neighbourhood, but also an ongoing threat to both residents and schoolchildren alike. RCMP are routinely patrolling the areas and the break ins have increased along with petty theft from area homes, and residents and the local PAC have complained loudly, to no end.
Should be interesting to see those olympic photos, and you can count on me to be on the route that afternoon with my camera in hand to see if the addicts come out to cheer the runners along or not… and how they intend to cover that crap up. )