Calgary interested in bidding for 2026 Winter Olympics
FILE - In this Feb. 24, 1988, file photo, a loose puck lies outside of the Canadian goal as Canadian goaltender Sean Burke and Soviet Union's Sergei Svetlov, left, go for it during an Olympic ice hockey medal round match at the Saddledome in Calgary. The 2018 Winter Games in Pyeongchang, South Korea will present a much different situation from any previous Olympic men’s hockey tournament in history. Before NHL players began participating in 1998, national teams were centralized and spent months together, much like women’s teams now, and the past five Olympics featured quick turnarounds on and off the 82-game NHL season. Because almost everyone in this tournament is playing professionally or in college, there isn’t much of an opportunity for training camps _ though Canada, Russia and other countries are making the most of any time they have to get together. (AP Photo/File)
| Sep. 12, 2018, 2:01 p.m.
Calgary is considering a bid for the 2026 Olympic and Paralympic Winter Games, with the cost of the games estimated at $5.23 billion.
Calgary voters will decide on Nov. 13 whether they want to host the games.
Calgary 2026 bid corporation chief executive officer Mary Moran told the Calgary council the $5.23 billion figure was calculated in 2018 dollars. She says the total could be $5.99 billion by 2026.
The 2010 Winter Games in Vancouver and Whistler, British Columbia, cost about $7.7 billion.
Calgary 2026 says the required public investment from taxpayers — which comes from the city, provincial and federal governments — would be about $3 billion.
The remainder would be paid for privately via ticket sales, merchandising, licensing, corporate sponsorships and a contribution from the International Olympic Committee in cash and services.