Toronto is still basking in the glow of the Pan Am and Parapan Am Games that successfully took place in the city and surrounding areas this summer. But should the city run with this high and turn its attention to the 2024 Summer Olympics?
Mayor John Tory is still mulling over the possibility of a bid, but many councillors have seemingly made up their minds on the issue.
The city’s budget chief, Gary Crawford, is warning against spending the $50-$60 million that it will cost just to place a bid. He also suggests that Los Angeles would beat Toronto.
Councillor John Campbell reminded everybody about the $1.5-billion debt Montreal was left with after hosting the 1976 Games, and that many Olympics have proven to create giant budgetary black holes.
Councillor James Pasternak suggested that Toronto host a “bi-national” sporting event with a U.S. city, perhaps Buffalo. Now THAT sounds exciting…
What do you think? Should Toronto abandon the idea of bidding on the 2024 Olympic Games? Should city council focus on more important issues plaguing Toronto?
The Globe & Mail has the full story HERE.