A potential bid may not face a lot of competition. Quebec City and Boston dropped out last year. No other cities in North America are in the running, so Calgary could be a shoo-in. But at what cost?
Source: Calgary launches 2026 Olympic exploration bid website; million-dollar hosting plan underway
Other cities have dropped out, not because they don’t like sports, but because it costs money. Our tax money – billions of tax dollars.
And forget about the “legacy” facilities. The biggest “legacy” from the last Calgary Olympics was a rent-free, FREE NHL arena for the Flames. Really.
The biggest “legacy” from a 2016 Calgary Olympics would be another FREE NHL arena for the Flames.
The owners of the Calgary Flames are estimating the costs of a stand-alone fieldhouse will be substantially higher than the city has projected.
Source: Calgary Flames say stand-alone fieldhouse would cost city $260M
The Flames and an amateur sports group, arguing about how much new facilities would cost, neither of which have any expertise in the matter other than they would be the beneficiaries of taxpayer expenditures. Whatever number they use, it is like when a child wants $1 it asks for $5.
And having seen many public undertakings over years, we know that final costs are always multiples of original estimates.