Tory, who is famously fond of studies, has long said that Toronto’s bid was conditional on provincial and federal financial support, as well as public support.
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She said the mayor will announce his decision by the Tuesday deadline. “Let me be clear, I am not saying no to the Olympic games; I am saying no at this time”.
The mayor said he would form an advisory committee to consult on future bids for other large-scale global events, including the Olympics, World Cups, and others.
The organizers behind the Los Angeles bid for the 2024 Olympics released a video Monday promoting the city as the “western capital of the USA, the northern capital of Latin America and the eastern capital of the Pacific Rim”. “We are appreciative of his time and we are confident that his and council’s final decision will be a measured one which takes into account the interests not only of the residents of the GTA, but of all Canadians”.
Cycling’s time trial would also start there and end at Versailles, while beach volleyball would be held next to the Eiffel Tower – originally an idea from the 2012 bid – while the Mediterranean port city of Marseille would host the sailing events.
Quebec City made a failed bid to host the 2002 Winter Olympics, which the International Olympic Committee awarded to Salt Lake City.
Tory acknowledged that he began researching the feasibility of a bid only when excitement built for the Pan Am Games. “We remain optimistic Toronto could and should host the Olympic Games in the future”.
So far, the declared bidders for 2024 games are Budapest, Hamburg, LA, Paris and Rome.
“The Games in the birthplace of the founder of the modern Olympic Movement, Pierre de Coubertin, will additionally be a wonderful tribute to the powerful global legacy he helped to create”.
LA’s 4.1-billion-dollar bid proposal estimates the private sector will pay more than 1.7 billion in additional venue costs.
The Olympic Bid has been at the center of several political debates.
The global Olympic Committee will select a winning bid in September 2017.
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The successful hosts of this summer’s Pan American Games are believed unwilling to go ahead without large sponsorship backing and the firm support of the Ontario province.
