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Toronto 2024 Olympic Bid (Dead)

The Federal and Provincial governments wanted Toronto to bid for 2020. Only Rob FOrd stopped it. I think the support is there. Remember 90% of Torontonians wanted to go for 2020 when all 3 levels had deficits.
 
Waiting for 2024 was the logical move anyway; practice with the Pan-Ams and see which deficiencies need to be addressed, which facilities are flexible, and so on. It's not an exact comparison, but it will be a rough model to work from.
 
Waiting for 2024 was the logical move anyway; practice with the Pan-Ams and see which deficiencies need to be addressed, which facilities are flexible, and so on. It's not an exact comparison, but it will be a rough model to work from.


I agree with your statement but it was a big fail on Ford's part for passing up the chance at 2020. The field of competition is very weak and Toronto would have had its best shot in all of its bid history to win.

By the way, we're almost a month away from the city report being publicly released on 2024. I'm looking forward to any news leaking out within the coming weeks.
 
http://www.insidethegames.biz/10126...c-bid-if-conditions-are-right-predicts-crooks

Exclusive: Toronto 2015 could lead to Olympic bid if conditions are right predicts Crooks
Wednesday, 30 January 2013


January 30 - Charmaine Crooks, Canada's five-time Olympian and a former International Olympic Committee (IOC) member, believes that a successful Toronto 2015 Pan and Parapan American Games could facilitate a bid from the city for the Olympics and Paralympics but stressed the whole country would need be behind it.

The 50-year-old Jamaican-born former 400 metre runner, who won a silver medal in the 4x400m relay at the Los Angeles 1984 Olympics, is now a Canadian Olympic Committee (COC) Executive Board member while she is also President and founder of NGU Consultants, the sports marketing, management and corporate consulting company working on Toronto 2015.

Toronto has twice bid to host the Summer Olympics Games - the first coming in 1996 when they finished third behind Atlanta and the second in 2008 when they were runners-up behind Beijing.

Many experts believe a successful Pan and Parapan American Games in the city could finally lead to a winning bid for Toronto in 2024 or 2028, as happened for Rio de Janeiro following the 2007 Pan American Games, but Crooks said that a successful bid would require the full support of Canada.

"I think in terms of a Toronto or Canada bid, we have to think very strategically and we have to be very focused," Crooks told insidethegames here.

"A bid would have to have the full consultation of the Canadian Olympic Committee of course and also have the support of all different levels of Government so that it was a unified national priority.

"We also have to look at the geopolitical climate at the time when we bid and ask ourselves if it was a good time to bid if we wanted success.

"They are all real considerations in a bid – the economy, legacy, timing and the capacity to be able to deliver that.

"So if all those things line up, and if they line up with a good economic story and a good legacy story, then I think it is important to support bids in the future for Canada going forwards because it does have spin off benefits across the country.

"The excitement from the Vancouver 2010 Winter Games has given us an appetite to do more because we have seen the impact that it can have and also seen that it helps develop sport for a nation, which is something I am very passionate about.

"But it is a very competitive landscape bidding for major sport projects around the world so you have to do it properly."



Crooks also believes that Toronto 2015 are well on track to stage a great Pan and Parapan American Games and predicted it will be another great chapter in Canada's sporting history following Vancouver 2010.

"We are fortunate in Canada that we hosted one of the best Winter [Olympic] Games to date in Vancouver 2010 in terms of our legacy building and how we told a true Canadian legacy story," said Crooks, a director on the Vancouver 2010 Organising Committee.

"That story now continues onto Toronto 2015 where will get to showcase that again.

"It really is a road to Rio 2016 for a lot of us and also a road from Vancouver that shows that we in Canada believe bridging Summer and Winter Games.

"I think the Pan Am Games can bring the same benefits as the Olympics and Paralympics in terms of tourism, economic development and in creating new role models.

"Hosting a sporting event in a country showcases so much more than just athletes; it showcases an entire country and illustrates what that country can achieve."
 
http://worldnews.nbcnews.com/_news/...-biggest-winners-putin-and-his-rich-pals?lite

$50bn is being tossed around for Sochi - a supposedly-less-costly Winter games - by the official US network! God, I hope Ms. Crooks is wrong and Toronto can remain on the 'missing out' list.

I use to want a Olympics as a way to get the feds and province to pitch in for a DRL. But it looks like the DRL is coming one way or another... If these figures are accurate Toronto should run. The money could be spent better buying every resident a Big Screen TV and some more transit.
 
http://worldnews.nbcnews.com/_news/...-biggest-winners-putin-and-his-rich-pals?lite

$50bn is being tossed around for Sochi - a supposedly-less-costly Winter games - by the official US network! God, I hope Ms. Crooks is wrong and Toronto can remain on the 'missing out' list.


You do realize that they had to build everything from scratch in Sochi. They had nothing in place when they bid for the Olympics. If you take a look at the pictures of Sochi's venues, they're so beautiful and you can tell the Russian government dropped a crapload of money on constructing them. Majority of Olympic followers are labeling Sochi as the Beijing of the Winter Olympics in regards to the amount of money they're spending. More so overspending! Anyways, I'm looking forward to the Sochi Olympics. For some reason, I find the Winter Olympics more fun. Plus, Canada is a big contender to win the overall medal table in both Gold medals and overall total in 2014. Can't wait to see our country dominate in Sochi.
 
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Russia is crazy spedning that amount. London spent a fifth of that amount on a much bigger Summer Games, something similar Toronto should spend. Not $50 billion.
 
Russia is crazy spedning that amount. London spent a fifth of that amount on a much bigger Summer Games, something similar Toronto should spend. Not $50 billion.

The problem is, once a city "wins" an Olympic bid, the city and/or its citizens have no control over spending. The games must go on, whatever the cost. As I've posted earlier, the host city contract is an extra-legal agreement; it supersedes the usual legislative and regulatory processes of the jurisdiction. This is how so many host cities end up with an Olympics they never bargained for, with a lot of nasty surprises.
 
The problem is, once a city "wins" an Olympic bid, the city and/or its citizens have no control over spending. The games must go on, whatever the cost. As I've posted earlier, the host city contract is an extra-legal agreement; it supersedes the usual legislative and regulatory processes of the jurisdiction. This is how so many host cities end up with an Olympics they never bargained for, with a lot of nasty surprises.
The capital cost to the government of the most recent Winter Olympics (Vancouver) came in at about $600 million for the facilities - only about $20 million over budget. The operational cost for the games was about $1.8 billion, however this covered by TV rights, ticket sales, sponsorships, etc.

If done properly (and without corruption) the games don't have to cost anywhere near $50 billion to the government.

The Pan-Am games in Toronto are costing more in capital costs than Vancouver did. The facilities are budgeted at $1.4 billion - with another $billion or so for the Pan-Am village ... though presumably, like Vancouver, most, if not all, of the village cost will be recovered from the post-games sale of the units.
 

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