Congratulations on your new role with Calgary2026. We’re pleased to welcome you to the conversation.
Our growing group of Calgarians are eager to hear answers to questions about which we are extremely concerned. As someone who also loves Calgary, we are confident you share these concerns and will give them due consideration.
Will you ensure that the citizens of Calgary are not solely responsible for cost overruns, honouring principle #5 approved by City Council on July 31st, 2017 that states:
5. If the IOC wants financial guarantees from the host city, such guarantees must be provided by someone other than the city or be at a level deemed acceptable to the city ?
Do you have concern for the City of Calgary signing a contractual relationship with the International Olympic Committee? How are you evaluating the reputational risk of doing business with an entity that has taken a soft stance against Russia, against doping, and has a history of ethical black marks through its bidding and business processes?
Is now the time to take your attention away from the objective of diversifying and strengthening Calgary’s economy and onto a three-week event that will not have meaningful impact on downtown office vacancy or permanent, high-paying jobs?
Our Calgary Council has agreed that they will not pursue an Olympic bid if the risks or costs are too great. We hope that you make the same commitment as you evaluate a potential bid.
On behalf of many concerned Calgarians,
“Unless the following five conditions are met, city officials say the city should not go forward with a bid:
1. Capital costs for facilities be covered by municipal, federal and provincial governments
2. Security costs be covered by other orders of government and not the city
3. Canadian taxpayers not cover the operating costs of hosting the 2026 games with the belief is that ticket sales, sponsorship, broadcast rights, International Olympic Committee (IOC) contributions and other earned revenues should cover operating costs
4. The city has limited debt capacity and there must be a financial structure that accommodates cash flow and the debt level constraints of the city
5. If the IOC wants financial guarantees from the host city, such guarantees must be provided by someone other than the city or be at a level deemed acceptable to the city