Canada: Bromont WEG: The Death Throes

Horse-canada.com - Full Article

July 14, 2016
by: Horse-Canada.com

To no one’s actual surprise, and the Canadian equestrian community’s profound disappointment, it is likely that the World Equestrian Games set for August 11-26, 2018, at the Bromont Olympic Equestrian Park are going to be cancelled after the Government of Canada informed the Organizing Committee that it won’t support the games.

A statement from the office of the Minister of Sport and Persons with Disabilities read:

“On July 11, 2016 the 2018 World Equestrian Games Organizing Committee was informed that the Government of Canada will not be providing federal funds to support the hosting of the 2018 World Equestrian Games.

Through Sport Canada, the federal government is not in a position to support the hosting of the 2018 World Equestrian Games given the financial viability of this project. The event has an estimated budget of $100 million, of which approximately $66.6 million of overall revenue sources must be raised from the private sector. As of today, no private sector funds have been confirmed, nor has a deficit guarantor.

Federal funding was never committed for this event, we have continued to be clear of our requirements and expectations in our discussions with the 2018 WEG Organizing Committee.”

Although the cancellation is not yet official, it seems as though the monster event was doomed from the beginning, with an unrealistic budget, no support from the federal government, logistical problems surrounding traffic and accommodations, and a revolving door of CEOs and other top management that pointed to the turmoil within the organizing committee, COJEM...

Read more here:
http://www.horse-canada.com/horse-news/bromont-weg-the-death-throes/