Olympic legacy not measured solely on economic benefits say Liberals
The B.C. Liberals say the Olympic games were about more than making money, while the opposition maintains that the government failed to take full advantage of the opportunity.
The Olympic’s economic impact may not be fully felt for more than a decade according to a new report released by PriceWaterhouseCoopers, one of the largest auditing firms in the world.
The governments of Canada and British Columbia both made commitments to the success of the 2010 Olympic games. PriceWaterhouseCoopers has been commissioned to create a comprehensive study of the games economic and cultural effects starting in 2008 and continuing through to 2013.
…The commissioned study will take into account over 200 other studies, articles, and books that address the various impacts of the Olympic games.
Some notable reports that will be considered are post- games studies of both the 2000 Sydney Summer Olympics and the 2002 Salt Lake City Winter Olympics and a pre Olympics assessment of the upcoming London 2012 Games.
The report will study eight interrelated areas covering, sport development, tourism, environmental sustainability, social development, arts and culture, economic development, employment and business development.
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