Human Rights Museum running big deficit
The place isn’t going to open for another three years, and it’s already millions of dollars in the hole.
The Canadian Museum for Human Rights, not set to open until 2012, is already running a deficit.
The latest corporate report for the museum, currently under construction in Winnipeg, indicates a $5.2-million shortfall in its operating budget.
Officials told CBC News the original budget was flawed because the structure is the first national museum to be built in a generation — and the first ever to be built outside of Ottawa — so there is a steep learning curve in terms of anticipated expenses.
The corporate report suggests the initial figures did not properly adjust for inflation and taxes.
Of course a government-financed project would overlook taxes. And it’s a sure bet that the final deficit will be far more than the $5 million just announced.
Your tax dollars at “work”.
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