TORONTO (Reuters) - Calgary would need C$2.4 billion (1.42 billion pounds) in funding to cover the shortfall between revenue and costs if the western Canadian city were to host the 2026 Winter Olympics, according to a group exploring a potential bid.
The Calgary Bid Exploration Committee told the City Council in a presentation on Monday that C$2.2 billion in revenue from the Games would offset less than half their C$4.6 billion cost.
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