I think Calgary should definitely bid on it. Considering the existing infrastructure, it could potentially make money. Even if it doesn't, I don't think it would be that much of a drain, and the resultant infrastructure improvements would be great for this city.
I think it would also help for future competitions have Canadian athletes training in newer ski jumps, bobsled/luge/skeleton tracks, etc., that are a bit behind many other places.
The Calgary Olympics was one of the best Olympic games, and I think it would have some strong consideration from that standpoint as well. Calgary's new arenas should be up (hopefully there will be a stadium as well, which would be great). The LRT will have expanded some more by then, and hopefully some of that money would go to greatly helping in that regard. I don't see too many downsides to it, with security in today's world being the biggest risk, unfortunately.
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