May 28, 2010
Metro Toronto Convention Centre will host the G20 Summit.
Apparently reneging on an earlier commitment, the federal government won’t provide compensation to property owners in Toronto’s downtown core for any vandalism incurred during June’s G20 summit event.
Businesses can file for compensation related to financial losses resulting from the massive security undertaken for the meeting. But any losses or damages rendered by third parties will not be compensated and are covered under normal insurance coverage, according to an e-mail from a G20 Foreign Affairs liaison.
Earlier this week, it was revealed that Ottawa will spend almost $1-billion on security for the summit, the bulk of it devoted to protecting delegates and keeping the peace in Toronto’s densely populated downtown.
“The federal government has reneged on what we thought was a commitment to pay for damage done during the G20,” says Toronto councillor Adam Vaughan, quoted in the Globe and Mail.
For more info on the G20 Summit, visit the government’s site
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