The financial costs of hosting the G8 and G20 summits was the topic of several political debates and the target of criticism by local groups . The reasons for the large price for both summits were questioned by some politicians and local groups . Members of Parliament Olivia Chow and Mark Holland labelled the initially claimed budget of $ 1.1-billion for hosting the summits as " obscene " and " insane " while others argued that the money could have been used for long-pending municipal projects in Canada , such as Transit City . The security cost for the two summits was believed to be more expensive than the combined security costs of the 2010 Winter Olympics and Paralympics in Vancouver and Whistler , British Columbia , which were . However , according to final calculations from the House of Commons of Canada as of October 2010 , the exact cost for holding both summits was $ 857,901,850.31 , making it less expensive than the security costs for the 2010 Winter Olympics
G8
36th G8 summit
2010 G20 Toronto summit