Toronto officials unsure of possible 2024 Olympics bid
TORONTO (AP) Toronto officials say they're still trying to determine whether bidding for the 2024 Summer Olympics would be good for city.
The deadline to bid to host the games is next week. Toronto Mayor John Tory and Ontario Premier Kathleen Wynne noted Tuesday at a news conference that many questions remain surrounding the costs and responsibilities.
Tory says it's unclear whether facilities built for the Pan Am Games could be repurposed for the Olympics. City staff will prepare a report on the issue.
The final cost and expense of the Pan Am Games have yet to be released. Without that information, officials say it's impossible to commit to funding the Olympics or determine which level of government would cover which costs.
Los Angeles voted to bid for the 2024 Games, which officials estimate would cost about $6 billion in public and private spending. Rome, Paris, Hamburg, Germany, and Budapest, Hungary, also have expressed interest in hosting the Olympics.