Canadian Van Halen concert scrapped

A possible Van Halen concert in Charlottetown, capital of tiny Canadian province Prince Edward Island, has been scrapped due to rising costs that would be subsidized by the provincial government, according to CBCNews.ca. Tourism Minister Valerie Docherty said that the initial government investment in the event rapidly climbed from $1.6 million to $4 million, at which point negotiations were cut off. Docherty explained, "They started off around $1.6 million, and so that was a doable figure for us. Unfortunately, for some reason, and possibly because of what the Eagles are getting paid for through New Brunswick, I don't know if that's what jacked it up, but we didn't believe Van Halen was at the same level."

Docherty and other residents agreed that spending $4 million on a Van Halen concert was not "the best use of taxpayers' money."

The show as planned would have taken place over the Labor Day holiday.

Van Halen completed its reunion tour with singer David Lee Roth earlier this month, with the trek's final box office haul reported as more than $93 million.
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