[chemgear]

Originally Posted by DiracSpike

That even this early in the process there's been a decent mix of incompetence and glaring/extremely concerning miscommunication between the BidCo and varying levels of Government.

Still no clarification on the discrepancy (lie?)

Jesus H Christ.

https://www.reddit.com/r/Calgary/com...rruns_federal/

JeromyYYC Palliser | Ward 11 Councillor

This is astonishing. At City Council, Calgary2026 Bidco said an agreement with Federal government on overruns was close. Who are we to believe? This is a crisis of credibility. It just keeps getting worse.

tax-me-now-and-later

Jeromy, please ask your fellow Councilors, the Mayor and the City CFO what their forecasts and accounting predictions suggest for the increases to property taxes if Calgary wins the games and has to pay (including overruns), $1B and $2B into the total costs for the games.

JeromyYYC Palliser | Ward 11 Councillor

We don't have those projections, despite repeated requests.
Another reason to vote no.

Augustus_Trollus_III

I’m curious about the insurance policy. Who in their right mind would sell a policy where they are betting the olympics won’t go over budget?

JeromyYYC Palliser | Ward 11 Councillor

From the Council meeting, we are sort of hoping that the product exists.

yycmwd

I watched the entire meeting, and I heard Bidco make that claim. When asked if the contract was signed that would guarantee it, they back peddled and said "No, but they've committed to signing".
Why was my city council allowed to vote on something without actual facts? And all this misrepresentation? This shouldn't even be going to a plebiscite at this point.

JeromyYYC Palliser | Ward 11 Councillor

We have failed Calgarians by bringing this to a vote without performing due diligence. If we were the board of a publicly traded company, we would be immediately sacked.