Quote:
Originally Posted by GordonBlue
do you honestly think it will be on budget?
has an Olympics EVER been on budget, let alone a discount model?
when it is over, who covers the costs? sure as heck won't be the IOC.
for security, I can see it being 2B.
factor inflation from 2010 or now to 2026.
agreed that the area to be covered is lesser, and way different challenges.
but the world isn't safer, and you can't say it will be cheaper because there isn't Afganistan. the world is a very insecure place now and while there isn't a war, there sure as heck is a lot of loner terrorist attacks that Calgary would have to be aware of an try to prevent, on top of the usual.
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To be clear, you are basing your YES/NO decision on your guess that the City's estimated $500-750M investment in the games will blow up to $3B?
On top of this, BIDCO estimates that 80-90% of the capital budget will be spent anyway just to keep existing facilities operating, Olympics or not. Let's say this is $600M already spent. A commitment of $150M buys you a couple of billion more from both levels of government and all other perks associated with the bid (yes, including a new arena).