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Money Land Forum / News / Alberta, a Canadian province, has withdrawn its bid for the 2030 Commonwealth (4 Posts | 82 Views)
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Alberta, a Canadian province, has withdrawn its bid for the 2030 Commonwealth by atoluwash(m) : 5:15 am On Aug 04, 2023 |
The government of Alberta has withdrawn its support for the bid to host the 2030 Commonwealth Games due to escalating costs. The joint bid, centered around Edmonton and Calgary, was being considered by the Canadian province. However, Tourism and Sport Minister Joseph Schow cited the estimated bill of C$2.7 billion as too burdensome for the province to handle. The original plan was to hold the games over 11 days in August 2030, with events spread across Calgary, Edmonton, Tsuut'ina Nation, and Enoch Cree Nation. Mr. Schow pointed out that relying on the "corporate sponsorship model" and "limited broadcast revenues" would place 93% of the costs on taxpayers. The authorities aimed to be transparent about funding and showcasing a return on investment. "That is why we have made the decision not to continue pursuing the bid for the 2030 Commonwealth Games." Alberta's provincial government said it had committed up to C$2m (£1.1m) to explore the feasibility of hosting the Games - and the city of Edmonton another C$1m (£589,000), according to Reuters. Commonwealth Sport Canada previously said it expected to complete a feasibility study in August ahead of a decision on whether to submit a formal bid. Calgary Mayor Jyoti Gondek's office told Canada's national public broadcaster CBC the bid was finished without support from the province. "The provincial government's decision to withdraw from Alberta's 2030 Commonwealth Games bid process effectively terminates the bid and the City of Calgary's participation," the statement said. The Commonwealth Games are a multi-sport tournament that take place every four years and have only ever been cancelled during World War Two. To be eligible to participate in the games, competitors must be from one of the Commonwealth's 56 members. Most of the countries in the Commonwealth were once part of the British Empire. Earlier this year, Hamilton, Ontario, which hosted the inaugural Games in 1930, suspended its bid after the group behind the push failed to secure government commitments. On 18 July, Victorian Premier Daniel Andrews said the 2026 event was supposed to be a massive boost for the regional cities hosting it, at a cost of A$2.6bn (£1.4bn; $1.8bn). But he told reporters the cost of staging the 12-day games had ballooned to more than A$6bn. "I've made a lot of difficult calls, a lot of very difficult decisions in this job. This is not one of them," Mr Andrews said. The Commonwealth Games Federation (CGF) called Victoria's decision "hugely disappointing" and added it was "committed to finding a solution". |
Re: Alberta, a Canadian province, has withdrawn its bid for the 2030 Commonwealth by Chairman(m) : 2:48 am On Aug 05, 2023 |
Not good enough.
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Re: Alberta, a Canadian province, has withdrawn its bid for the 2030 Commonwealth by Analyst(m) : 9:46 am On Aug 05, 2023 |
Hopefully they will look for solution to how to handle their participation in the upcoming Commonwealth Sport, in a way that will assist the country in all the provinces.
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Re: Alberta, a Canadian province, has withdrawn its bid for the 2030 Commonwealth by EstherAyinde(f) : 11:04 pm On Aug 05, 2023 |
I dnt know what to say
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