[#-3]

The timing is really good.

For Ice sports.

Calgary next, Major Arena and Stadium will be brand new.
The Saddle dome could be maintained as a secondary arena for figure skating and/or curling.
Winsport rinks provide another great surface, with 1/4 of the seating capacity for events that don't need 18K + tickets.
The Oval will need a big push.

For Skiing/Snowboarding,

COP could be effective for some of the freestyle events with little upgrades.
Lake Louis has a large upgrade on the books and could easily incorporate downhill events.
X-country not really a big issue.
The jumps will need a complete make over.

For Sliding

A complete upgrade will be needed

For politics and public infrastructure

The IOC is more unlikely to be corrupt right now than ever. So bribery etc from competitive bids is not likely to be an issue.
The LRT expansion should be happening by then, and might just see an extra push to get done sooner.
If we are lucky might push the Air Port spur.
The major Air Port upgrade will be fairly fresh.
I see the Athletes village being the biggest issue.
Its about the right timing for completion of the ring road

Things to budget for that aren't going to happen anyway
Up keep of the Saddledome as a rink for 3 or 4 years.
Early completion of the ring road and green line
Rebuilding the Oval, Slidding Track and Ski Jumps
An Airport LRT Spur
Improved X Country facilities
An Athletes Village/Media Pavilion.

That would probably make for a pretty cheap Olympic bid, and I think you could argue the merits of 4/6 on their own even without an Olympic Bid.