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VANOC’s line of credit for Olympics reduced

Published
by
Mike Styles
on March 26, 2009
in News, Ski Canada and Vancouver 2010
. 0 Comments Tags: , , .

One of the major sponsors and chief financers of the 2010 Winter Games has cut back on the Vancouver Olympic organizing committee’s line of credit.

Last year, RBC granted the committee, known as VANOC, a $95-million line of credit so officials could borrow against it to help stage the Games.

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