$4 Million Too Much For VAN HALEN, Says P.E.I. Government

CBC.ca reports that escalating demands for a government subsidy has killed the possibility of a VAN HALEN concert in Charlottetown, Prince Edward Island, Canada this Labour Day weekend.

Tourism Minister Valerie Docherty told CBC News on Wednesday the request for the provincial investment in the concert continued to climb as negotiations went on until it eventually reached about $4 million.

"They started off around $1.6 million, and so that was a doable figure for us," said Docherty.

Read the rest of the report at CBC.ca.