Calgary's city council is being asked to approve another $2.5 million for the formation of a bid corporation for the 2026 Olympic and Paralympic Winter Games, bringing the city's total cost of a bid to $9.5 million if council approves the funds. Nenshi has said that a council vote will come in June as to whether or not Calgary will proceed with a bid, but Coun. Calgary Mayor Naheed Nenshi said he's expecting an announcement on federal and provincial funding for a Calgary Olympic bid soon. A bid committee would include representatives from the city, province, federal government, as well as representatives from the Town of Canmore, the Canadian Paralympic Committee and Indigenous communities in the region. Should council decide not to proceed with a bid, any unused funds would be returned to their source, the report states.

Source: CBC News March 17, 2018 00:47 UTC