Hosting Olympics in Calgary could threaten Canadian economy, report says – The Globe and Mail

Source: Hosting Olympics in Calgary could threaten Canadian economy, report says – The Globe and Mail

This report confirms the findings of a report completed by Laura-Lee Dyck, a Director of Communities First Society of Alberta.

Dyck’s comprehensive review concluded that almost all academic analysis of Olympics Games revealed that economic benefits of the Games were marginal, if existing at all.

Estimates of benefits were exaggerated and costs under-estimated in order to get public support for Olympic bids.

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