Canada’s ‘boondoggle’ village

Vancouver’s mayor calls project to transform athletes’ village to luxury flats a “boondoggle”.

The athletes’ village from the Olympic Games in the Canadian city of Vancouver in February was supposed to be transformed into luxury condominiums.

However, the city’s mayor has called the development a “billion dollar boondoggle”.

Ten months later, hundreds of units remain unsold. And in November, the company behind the project declared bankruptcy, potentially leaving taxpayers on the hook for hundreds of millions of dollars.

Al Jazeera’s Imtiaz Tyab reports.

Source: Al Jazeera

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