The Calgary city council voted 8-7 yesterday to pull the city’s 2026 Olympic bid off of the November 13 ballot in the wake of controversy over who’ll foot the Games’ multi-billion-dollar bill — but as a ten-vote supermajority was required to pass the measure, the plebiscite will go ahead as scheduled.
And check out who cast one of the two deciding votes:
Yep, Mayor Naheed Nenshi, scourge of sports subsidies, voted to move ahead with plans to spend at least $2.325 billion in public money, and more likely $3 billion, and more likely than that upwards of $4 billion given how cost overruns usually go with these things, on hosting the 2026 Winter Games. Why, Mr. Nenshi, why?
“Over the next few days I will be trying to explain this deal to people, but I’m now at the point where I can actually say to people ‘this is a great deal we’ve negotiated’ and I’m encouraging people to vote yes.”’
Well, that’s unspecific but certainly enthusiastic. Presumably Nenshi’s argument is that Calgary’s share — $370 million under the new plan — is a good investment in exchange for the federal and provincial governments building more than $2 billion of stuff in Calgary. But while that’s certainly better for the city than where the deal stood over the weekend, city taxpayers are also provincial and federal taxpayers, and anyway is “Ha ha we’re sticking people in Moose Jaw and Thunder Bay with most of the bill, this’ll be great” really good public policy? And, for that matter, is spending even $370 million for a projected $200 million return a good idea? Plus, who’s going to pay those cost overruns?
Eight city councillors were concerned enough about these questions to vote no, including Evan Woolley, chair of the Olympic assessment committee, who told CBC News, “I personally will not support a deal that’s not in the best interests of Calgarians. We do not have the deal in front of us today.” The question now will be whether more Calgary voters share Nenshi’s excitement or Woolley’s qualms. If they do, then it should be smooth sailing once — sorry, what’s that?
Calgary 2026 highlighted one budget line that called for the city to purchase a contingency insurance policy, valued at $200 million, for $20 million of city funds. The organization said that will leverage $200 million matched by the federal government.
When questioned, however, it became clear there was no insurance policy identified as yet and if none could be found, Calgary 2026 just said it would find more cuts in their budget.
Friends, don’t let friends bid on the Olympics.