Vancouver Taxpayers On Hook for “Hundreds of Millions”
From The New York Times, February 23, 2011, a story headlined “In Vancouver, a new Effort to Sell Olympic Condos.” A year after the winter games, fewer than half of the 737 condos have been sold — almost all as preconstruction sales in 2007 — and the city’s taxpayers now owe about 750 million Canadian …