$4.6 billion price tag for Calgary to host 2026 Winter Olympic Games

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It could cost $4.6 billion for Calgary to host the 2026 Winter Olympic and Paralympic Games, according to bid exploration committee.

The Calgary Bid Exploration Committee says revenue the Games generate would cover almost half the cost, but another $2.4 billion would be needed to pay for the Games.

READ MORE: Calgary launches 2026 Olympic exploration bid website; million-dollar hosting plan underway

The 2010 Winter Games in Vancouver and Whistler, B.C., cost more with a price tag of $7.7 billion.

Calgary’s price tag is cheaper because the city can re-use venues from the 1988 Winter Games in the city, the committee said Monday in a statement.

The exploration committee will make final recommendations to city council next month. Council is expected to deal with the issue on July 24, when members will vote to drop the idea or go on to the next phase of preparing a bid.

With files from Aurelio Perri

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