Toronto councillors shouldn't back a bid to host the World Expo in 2025, a report from city staff says. Mayor John Tory, meanwhile, has been lukewarm about the project, suggesting he's concerned about how much the event would cost the city. The city staff report highlights several serious concerns about the Expo 2025 bid, including:The lack of clear provincial and federal support for hosting the event, pointing out that the federal government recently withdrew its membership with the group that runs World Expos. "Given these factors, the City cannot responsibly pursue a bid for the 2025 World Expo at this time without facing very significant financial, operational and reputational risks," the report says. If the city held the event, it could be the largest economic and cultural event held in Canada since Expo '67, the report notes.

Source: CBC News October 21, 2016 20:13 UTC