Vancouver lost its Triple A credit rating after being forced to bail out its Olympic Athletes Village when the hedge fund that had backed it went under -- just one of the unpredicted events that made this a Recession Olympics.
Financial Times looks at the city's preparations, struggles and triumphs amid a rough economy.
"The sporting venues were built on time and on budget. A new subway line links the airport to the city centre. The athletes' village, with a view over one of Vancouver's many picturesque waterways, sets high standards in energy-efficient construction.
However, unforeseen events have taken the shine off these accomplishments. An unprecedented economic boom pushed up labour and material costs during the early preparations. Then the recession hit. Most recently, the weather has dampened the Olympic spirit. Vancouver has had its warmest start to a year ever, and rain has kept revellers off the streets for the past few days."
FULL STORY: Olympics city strives to rise above recession
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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With Protected Lanes, 460% More People Commute by Bike
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
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