The Calgary bid for the 2026 Winter Olympic games is on the brink of coming to and end.
The Olympic committee put forth a motion to end the committee’s work and end the Olympic bid at 1:30 pm in the closed-door meeting.
The committee says acceptable funding is not in place and will ask the council to ditch the bid tomorrow.
The total cost of the winter games will cost roughly $5.23 billion and $3 billion of that would come from the public and three levels of government. But the government has not been able to come with a cost-sharing agreement.
Calgary mayor Naheed Nenshi says the committee talked about cutting costs but that it couldn’t cut the gap enough and that it would not have been able to give citizens enough information before a November 12th plebiscite.
Council is expected to vote on Wednesday and will need 10 votes or the Olympic Bid to continue its course.