3/8/2007 2:33:22 PM
HALIFAX, N.S. (CP) - The Nova Scotia government and the city of Halifax scrapped their bid to host the 2014 Commonwealth Games on Thursday, saying the $1.7-billion price tag was just too high.
The two levels of government pulled the plug amid increasing criticism about the growing cost of the Games and the lack of transparency in the bid process.
Last month, some city councillors said they would withdraw their support if the final estimated price tag exceeded the initial estimate of $785 million.
On Thursday, the city and the province revealed the bid budget, with inflation factored in, was more than double the original estimate.
"The province of Nova Scotia has always said we would only support the Games if they are the right size for the province," Barry Barnet, the province's health promotion minister, said at a news conference.