Calgary has support if it chooses to form a bid corporation for the 2026 Winter Olympic and Paralympic Games. On Thursday, the city announced both the provincial and federal governments have pledged financial support for the creation of an Olympic bid corporation. Calgary Mayor Naheed Nenshi has said he believes Calgary could do a great job of hosting the 2026 Winter Olympics. Calgary will be releasing an additional $1 million from the Fiscal Stability Reserve toward the bid corporation and contributing an additional $2.5 million, bringing the city's total to $9.5 million, and the total budget for the bid corporation to $30 million. Bid corporation doesn't necessarily guarantee a bidForming a bid corporation does not guarantee a bid will happen.

Source: CBC News March 29, 2018 21:43 UTC