Ontario Auditor General Bonnie Lysyk speaks about her 2015 report in Toronto on Wednesday, December 2, 2015. (Photo: Darren Calabrese/CP)She says when compared to the adjusted bid budget of about $2.2 billion, the Games were actually $342 million over budget, and since Ontario committed to paying most of the cost overruns, the province was on the hook for an extra $304 million. The TO2015 organizing committee had agreed to pay $5.3 million to 53 senior employees if they stayed until the end of their contracts and the net operating and capital budgets were met. Lysyk says that the full bonuses were paid, even though organizers asked the province for — and received — a $74-million increase in the net operating budget, and were responsible for managing less than two per cent of the capital budget. The auditor general says "nonetheless," Ontarians can take pride in the Games as they were on time, with no major incidents and Canada had its best-ever medal counts.
ALSO ON HUFFPOST: