[Gaudfather]

The report the bid committee just submitted put the total cost at $4.6 billion. This cost is about $3.2 billion less than Vancouver was in 2010. It seems to me that some cost components have been underestimated. For example facility costs are budgeted at only $450 million and accommodation costs at $460 million - even though the number of athletes will be more than double what Calgary saw in 1988.

Of the total $4.6 billion cost apparently $1.2 billion is expected federal govt funding and $2.2 billion from four direct revenue categories - ticket receipts ($320 million) merchandise & licensing ($350 million) IOC contribution ($700 million) domestic sponsorship revenue ($820 million), leaving an amount of $1.2 billion to be covered by provincial and or municipal ( hello taxpayer) funds.

Does that shortfall grow and how does it get covered? Those seem to be the big questions.