[Wormius]

The $25 figure, I am pretty sure he means the cost of the games to Calgary with no cost overruns.

https://www.cbc.ca/amp/1.4886988?__t...mpression=true

The Games come at a cost

The federal government will contribute $1.42 billion, while the province chips in $700 million, and the City of Calgary will contribute $390 million. These are manageable.

What does it mean to you? Well.

The city raises just over half its property taxes from businesses, and just under half from homeowners. Split between the two, the $390-million cost is equivalent to more than $350 per residential property in the city and nearly $15,000 per non-residential property (i.e., business).

We don't know how the city plans to fund this, but let's presume it simply takes out more debt. This means future interest costs and repayments that would require something around a 1.3 per cent increase in annual property taxes, or $25 annually for the median home owner, but significantly more for the typical business. (This is napkin math, but gives a good sense of scale.)