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Toronto won't bid on 2020 Olympics


BILLS02138

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The olympics almost never make money, and usually end up costing the host cities money. Its such a waste of time and money to have them because its all about "the spectacle" and trying to one up the last games. A bunch of venues get built and then hardly used again when the 2 weeks are up

 

Chances are, the Canadian, Ontario, and Toronto government will not be willing to build a new Football stadium in Toronto (the Canadian Government has already told other cities like Quebec City, and Edmonton that they will not pay to build them new arenas because then they would have to do that for everyone that wants one), bu just because they won't make a bid for the Olympic Games, doesn't mean they won't help get an NFL team to the City. The NFL makes money (LOTS), the olympics are considered a success if the host city comes close to breaking even afterwards

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The olympics almost never make money, and usually end up costing the host cities money. Its such a waste of time and money to have them because its all about "the spectacle" and trying to one up the last games. A bunch of venues get built and then hardly used again when the 2 weeks are up

 

Chances are, the Canadian, Ontario, and Toronto government will not be willing to build a new Football stadium in Toronto (the Canadian Government has already told other cities like Quebec City, and Edmonton that they will not pay to build them new arenas because then they would have to do that for everyone that wants one), bu just because they won't make a bid for the Olympic Games, doesn't mean they won't help get an NFL team to the City. The NFL makes money (LOTS), the olympics are considered a success if the host city comes close to breaking even afterwards

 

You're right... but the fact that they won't be building something for the Olympics helps OUR cause just a tiny bit.

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The olympics almost never make money, and usually end up costing the host cities money. Its such a waste of time and money to have them because its all about "the spectacle" and trying to one up the last games. A bunch of venues get built and then hardly used again when the 2 weeks are up

 

Come on, look at all the economic prosperity the Game brought to Greece!

 

The Olympics used to bring out the best in human nature, but now that the politics, petty rivalries and form-over-substance mentality is more important than the actual competition, it mostly brings out the worst.

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