CBC News Friday, May 28, 2010 | 6:04 PM ET
Auditor General Sheila Fraser says her office will examine the federal government's hefty security bill at the upcoming G8 and G20 international summits in Ontario after the events are completed. A
uditor General Sheila Fraser says a review of security spending for next month's G8 and G20 summits in Ontario should be relatively easy to perform. (Fred Chartrand/Canadian Press)The Opposition Liberals called on Fraser to conduct an audit after Prime Minister Stephen Harper's Conservative government disclosed this week that the estimated cost for security could top $933 million.
Total= 1,000,000,000
Ah! $1 Billion... one-thousand million is a billion.
2 comments:
Only in North America. The actual billion is supposed to be a million X a million which translates to 1,000,000,000,000 or 10 to power of 12. A thousand million technically is a milliard or 10 to the power of 9. However, who cares about a few zeros?
Coldstreamer is Correct: There are 2 number systems to express "billion"
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http://en.wikipedia.org/wiki/Billion
Billion may refer to:
In numbers:
* Long and short scales
o 1,000,000,000,000 (number), one million million, 1012, in the long scale
o 1,000,000,000 (number), one thousand million, 109, in the short scale
The long and short scales [1] are two of several different large number naming systems used throughout the world:
Long scale is the English translation of the French term échelle longue. It refers to a system of names in which every new term greater than million is 1,000,000 times the previous term: billion (from bi and million) means a million to the power of two or a million millions (1012), trillion (from tri and million) means a million to the power of three or a million billions (1018), and so on.
Short scale is the English translation of the French term échelle courte. It refers to a system of large number names in which every new term greater than million is 1,000 times the previous term: billion means a thousand millions (109), trillion means a thousand billions (1012), and so on.
There are other numbering systems which are neither long nor short scale such as the Chinese numbering system, the Indian numbering system, the Japanese numbering system, and the Korean numbering system. Many countries, including most in continental Europe, use the long scale.
For most of the 19th and 20th centuries, the United Kingdom uniformly used the long scale,[2] while the United States of America used the short scale,[2] so that usage of the two systems was often referred to as British and American respectively. In 1974, the government of the UK switched to the short scale, a change that is reflected in its mass media and official usage.[3][4][5][6] Although some residual usage of the long scale continues in the UK,[7] the phrases British usage and American usage are no longer accurate nor helpful characterizations. The two systems can be a subject of misunderstanding or controversy. Differences in opinion as to which system should be used can evoke resentment between adherents, while national differences of any kind can acquire jingoistic overtones.[8]
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