Vancouvers 2010 Olympics costs estimated at $534 million

A new Vancouver city council report suggests the city’s cost of hosting the 2010 Winter Olympics was $534 million. But the report, which goes to council Tuesday, includes a soup-to-nuts list of everything, including many civic projects that Vancouver had long planned to do such as the redevelopment of Southeast False Creek, a new pool, redevelopment of Granville Mall and three civic theatres and even a transit station.

Overall, the report says the total cost of the city’s involvement in the Olympics was closer to $730 million, but nearly $175 million of that came from other governments or the Vancouver Organizing Committee. But Coun. Suzanne Anton said the report is disingenuous, attributing costs to the Olympics that have nothing to do with the Games.