It’s a $2.4 billion bid that includes $500 million from the Federal Government, $500 million from Ontario, with Ontario guaranteeing to cover any cost over-runs (and you know there will be overruns).

Who wants to bet that upgrading sports arenas and athletic facilities that residents actually need would cost only a fraction of this?

You already know how I feel about Chicago’s lost bid.  But Toronto might as well try to host Olympics now to get some more value out of these facilities.