Monday, July 17, 2006

The Big Three-Owe

Olympic Stadium is falling down, the Expos and Alouettes have long since left it, but not to worry: it's almost paid off!

Originally estimated to cost $156 million, the installation's' price tag ballooned to twice that amount.

"In doubling, we are still realistic and we must be satisfied with this," (Montreal Mayor Jean) Drapeau said at the time.

But the costs didn't stop there. The bill soon soared past the $1 billion mark and, once interest was added and two roofs were installed, the final cost was tallied at $2 billion.

Montreal will finally see relief from payments on the stadium in a couple of months -- more than 30 years after the games began.

Just in time to tear it down and start all over again.

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