2015 Games to Boost Ontario’s Economy
By A Correspondent
As the three year countdown begins, Ontario is already seeing the economic benefits from hosting the 2015 Pan American and Parapan American Games.
The “People’s Games” will be one of the largest economic drivers in the Greater Golden Horseshoe over the next three years. They will create more than 15,000 jobs, attract hundreds of thousands of visitors and showcase Ontario on the world stage.
From construction to planning, work is right on schedule for the Games, including:
- Construction of the “Canary District” has been underway since January — the new waterfront community in the West Don Lands — creating an additional 5,200 jobs and will welcome more than 10,000 athletes, coaches and officials as temporary tenants during the Games.
- The start of construction of the Pan Am Aquatics Centre, Field House and Canadian Sport Institute of Ontario in Scarborough — creating 150 construction jobs.
- Negotiations in progress for all the other new and improved sport and recreation facilities with construction to begin later this year or in 2013.
- Confirmation of the Caledon Equestrian Park in Palgrave as the official host of the equestrian events.
- Unveiling of the improvements of the Welland International Flatwater Centre which will welcome the canoe and kayak sports.
The Games are also helping to accelerate the delivery timeline of the Air-Rail Link and Union Station redevelopment.
Hosting the Games is part of the McGuinty government’s plan to create jobs and strengthen the economy. It will also provide new sport venues for athletes to train and compete at home and recreation centres for Ontario families to lead healthier lives.
Charles Sousa, Minister responsible for the Pan/Parapan Am Games, said, "“The McGuinty government has always recognized the Games’ potential to bring important economic and social benefits to Ontarians. With three years to go, we have already experienced the first waves of those benefits with many more to come.”
- The “People’s Games” will train up to 20,000 volunteers who also will be ready for future community involvement.
- The Games include an additional eight Pan Am-only sports, as well as the 28 Olympic Summer Games sports, for a total of 36 sports throughout the Greater Golden Horseshoe.
- Ontario is contributing $500 million to the total Games’ budget of $1.44 billion.
- The Pan American and Parapan American Games are the first international multi-sporting event held in Ontario in more than 80 years.
- Keep watch with Ontario’s countdown to the Games clock
- Get an overview of the TORONTO 2015 Games’ budget
- Status of venues to be delivered in time for the 2015 Games