Mr. Speaker, that of course is not the case. The $50 million was allocated in budget 2009 as part of Canada's economic action plan. The goal was to spruce up an already beautiful part of our country so we could present our best face to the world. People at these summits stay over 100 kilometres away from the exact summit site. There was also, as is traditional for these types of initiatives, funding made available to thank the region for hosting the world. All 32 of the projects came in on or under budget.
In the House of Commons on October 7th, 2011. See this statement in context.