Sports: Governments spent $17.7M on Calgary's scrapped Olympic bid: report - PressFrom - Canada

SportsGovernments spent $17.7M on Calgary's scrapped Olympic bid: report

07:13  13 june  2019
07:13  13 june  2019 Source:

Secret Olympic reports show how ill-fated bid evolved over time

Secret Olympic reports show how ill-fated bid evolved over time Now that Calgary's scuttled 2026 Winter Olympics bid has been legally and officially laid to rest by city council, some of the hidden details have been released by the city. Some 398 documents and reports were prepared for city council, but 39 of those documents were withheld from the public under the terms of Alberta's Freedom of Information legislation. Following a city council vote Monday, the city has now released 27 of those reports. The remaining 12 reports will not be released as they contain legally sensitive information or third party details that the city cannot release without permission.

In June, the Calgary Bid Exploration Committee (CBEC) presented a rosy final report to council that It also assumed a .2 billion contribution from municipal and provincial governments , and that the The IOC is talking up the prospect of a Calgary bid , calling it an opportunity for Canada to build on its

And now, Calgary ' s nascent Olympic bid has finally lurched to an unceremonious end. Cities spend billions more than initially proposed to host a two-week party that leaves little long-term positive The lean bid model may work to counter the Olympic bid narrative, Livingstone says, but it may have

Governments spent $17.7M on Calgary's scrapped Olympic bid: report© Jeff McIntosh/The Canadian Press Calgary's released a report on how much was spent on the city's ultimately abandoned Olympic bid.

Governments spent a total of $17.7 million on Calgary's scrapped bid for the 2026 Winter Olympics, according to the city's final report on the project.

Initially, $30 million has been committed, with roughly a third coming from each level of government.

But the exploration was cancelled after Calgarians voted against it during a November 2018 plebiscite vote — which cost $2.2 million, $2 million from the province and the rest from the city, according to the report which is set to be presented to city council on Monday.

Report: Spencer Foo leaving Flames for KHL, eyeing 2022 Olympics

Report: Spencer Foo leaving Flames for KHL, eyeing 2022 Olympics A Calgary Flames farmhand is reportedly headed overseas with the goal of taking part in the next winter Olympics. Spencer Foo is joining the KHL's Kunlun Red Star, giving him a chance to play for China in the 2022 Games, according to Sportsnet's Elliotte Friedman. Foo spent this past season with the AHL's Stockton Heat after playing 62 games with the team, and four with the Flames in 2017-18. The 25-year-old forward posted 17 goals and 38 points over 67 contests with Stockton in 2018-19. Calgary signed Foo out of Union College as an undrafted free agent in June 2017.

Calgary 2026 Bid Corporation CEO Mary Moran delivers a briefing discussing the technical elements of its plan for the 2026 Olympic and Paralympic Winter Hard to believe that Calgary hosted the Winter Games in 1988 for 9 million — until then the most ever spent on a Winter or Summer Olympics .

Calgary 2026 bid corporation' s media spokesperson said the group won't comment while negotiations with the government continue, but are encouraged Calgary Liberal MP Kent Hehr didn't confirm the report to CBC News but said the federal government is committed to the Olympics in Calgary — if

Calgarians voted 56.4 per cent against hosting the Games.

The city spent roughly half of what it had budgeted for bid exploration and development.

Here's how the total costs break down:

  • $4.4 million from Ottawa.
  • $4.2 million from Alberta.
  • $4 million from Calgary, with the city spending an additional $2.7 million on the secretariat, as well as the aforementioned plebiscite costs.

A total of $400,000 from Calgary 2026 will be held in a trust for eight years to address any unforeseen liabilities, and then returned to the different levels of government if it's not needed.

It's also not yet clear what will be done with the leftover money.

The report says a total of $3.6 million in excess funds that were advanced for the project were returned on May 31. The city received $421,000 back, the province $2.8 million, and the federal government $445,000.

Feds would ‘absolutely’ support OAS probe into MMIWG report’s allegation of genocide: Bennett.
Crown-Indigenous Relations Minister Carolyn Bennett says the government would support an international probe.

—   Share news in the SOC. Networks
usr: 0
This is interesting!