It's a figure of speech, only to illuminate that you need funding before hand to generate revenue. Sorry if there was confusion, my point was not to touch on profitability (though I do believe we will be profitable).
But since you want to go down the why cities don't go for the Olympics argument...
Those free-for-all games aren't equal to what Calgary 2026 is proposing and the IOC agenda is
moving away from those free-for-all events because those types of games aren't sustainable and are definitely a disaster economically.
Athens, Beijing, Sochi, Rio, Pyeongchang, London...those events are not even in the same stratosphere to what the Calgary 2026 proposal is, so I'm not sure why we're blanketing all games as equal.
Vancouver...this is the games that Calgary 2026 is comparable to. The advantage for Calgary and area is we have existing infrastructure from 1988 that can be renovated and upgraded to successfully host without the requirement for massive expenditures like those above. But we have something else, a deep-rooted legacy from '88 where this is still a hot bed for speed skating events, ski events, training, hockey, bobsled, luge...other places don't have that.
Calgary 2026 is not about a lavish party for politicians, it's continuing and building upon the legacy we already have and offering the community something to rally around while improving the spirit of a city that's been knocked-down, but not out.
This bid would be responsible, run by business leaders who understand the socio-economic impact.