Hosting an Olympiad: Costs and Benefits.

Overview of the economic pros and cons of hosting the Olympics in Toronto.

Proponents of Toronto’s Olympic bid argue that it will be an economic windfall for the city directly and indirectly. Its opponents argue that it will be economically costly and that it represents misguided public policy and expenditure. The experience of another Olympic venue (Barcelona, 1992) is outlined and then the debate about potential costs and benefits for Toronto is examined.