At $1.2 bn for 3 days, meetings cost too much | business | Hindustan Times
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At $1.2 bn for 3 days, meetings cost too much

With Canadian taxpayers paying through their nose to host the G8 and G20 summits this month, many political leaders, including former Prime Minister Paul Martin, have joined in protests against the mega cost of the gatherings.

business Updated: Jun 03, 2010 22:52 IST

With Canadian taxpayers paying through their nose to host the G8 and G20 summits this month, many political leaders, including former Prime Minister Paul Martin, have joined in protests against the mega cost of the gatherings.

At $1.2 billion, the two summits, spanning three days, will be the costliest 72 hours in Canadian history.

The G8 summit is being held June 25-26 at Huntsville, while the G20 summit will be hosted by Toronto from June 26-27.

The cost of holding these summits was “beyond belief,” said Martin. I’ve never seen anything like this in terms of cost.”
“I have the same reaction as Canadians do — a billion dollars is a lot of money. I don't know if it really has to be a billion dollars, said Dalton McGuinty, premier, Ontario.