When G20 finance ministers meet in Toronto this summer the price tag is expected to reach $150 million, most of which will be paid by the federal government, CTV News has learned.
According to documents tabled for city councillors and obtained by CTV, the federal government will be required to foot $143 million of the bill.
Toronto will pay the remaining $7 million.
CTV's Richard Madan reported Wednesday that nearly $130 million is earmarked for security, including fire, ambulance and police personnel.
Much of that money will go to overtime, Madan said.
Another $1.5 million will pay for the barricades, fences and other equipment designed to contain the protesters expected to descend on the Metro Toronto Convention Centre.
According to the document:
- $15 million will pay for two-way radios for police, though half of that tab will be covered by the City of Toronto.
- $700,000 is set aside for limousines and shuttles for the finance ministers and central bank governors, as well as the international media.
The two-day summit is scheduled to open on June 26.
