_News Talk 770
The 2012 world junior hockey championship in Alberta was a major money-maker for both hockey and the tourism industry. Hockey Canada says the tournament made a profit of at least $22 million, which will go into hockey programs and facilities. The Canadian Sport Tourism Alliance assessed the economic impact of the tournament at $86.2 million when factoring in visitor expenditures and tax revenue generated from it. Calgary and Edmonton were host cities of the world under-20 men's championship from December 26 to January 5. The tournament drew over 440,000 spectators. The organizing committees had guaranteed an $18-million profit in their bid for the tournament. By comparison, the 2010 world junior tournament in Saskatoon and Regina generated a $15-million surplus, according to Hockey Canada records.