EN FR

Taxpayers Federation applauds Olympics whistleblower

Author: Franco Terrazzano 2018/09/25

CALGARY, AB: The Canadian Taxpayers Federation (CTF) is applauding a City of Calgary whistleblower who has leaked municipal documents that highlight the city’s concerns over additional costs not included in the Olympics price tag.

“All costs need to be laid clearly on the table. Calgarians have a right to know the total bill that will come with hosting the 2026 Olympics,” says Franco Terrazzano, Alberta Director with the CTF. “Whoever this mysterious whistleblower is, they deserve a gold medal.”

Calgary’s Bid Corporation has pegged the cost of the Olympics at $5.2 billion, with tax dollars needed to cover a $3 billion revenue shortfall. The cost to taxpayers has increased by 25 per cent since last year’s estimates.

The Olympics is no stranger to cost overruns. Since the 1960s, 19 Olympics have seen cost overruns, averaging 156 per cent during these games.

“City Hall should be making additional efforts to increase transparency, not tracking down someone who is providing taxpayers with information they deserve,” says Terrazzano. “We are calling on city council to release all costs associated with hosting the Olympics before Calgarians head to the polls.”


A Note for our Readers:

Is Canada Off Track?

Canada has problems. You see them at gas station. You see them at the grocery store. You see them on your taxes.

Is anyone listening to you to find out where you think Canada’s off track and what you think we could do to make things better?

You can tell us what you think by filling out the survey

Join now to get the Taxpayer newsletter

Franco Terrazzano
Federal Director at
Canadian Taxpayers
Federation

Join now to get the Taxpayer newsletter

Hey, it’s Franco.

Did you know that you can get the inside scoop right from my notebook each week? I’ll share hilarious and infuriating stories the media usually misses with you every week so you can hold politicians accountable.

You can sign up for the Taxpayer Update Newsletter now

Looks good!
Please enter a valid email address

We take data security and privacy seriously. Your information will be kept safe.

<