B.C. government not backing 2030 Olympic bid
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The B.C. government is not supporting the First Nations-led bid to host the 2030 Olympic and Paralympic Games.
Tourism, arts, culture and sport minister Lisa Beare said the province has been evaluating the potential bid for more than a year, and was aware of how exciting the idea of hosting the event is to athletes and sports fans.
“However, the province has the responsibility to weigh the benefits with the costs and possible risks of the project,” said Beare. “There are billions of dollars in direct costs, and potential guarantee and indemnity liability risks on this project that could jeopardize our government’s ability to address pressures facing British Columbians right now. Based on careful consideration, the Province is declining to support a bid.”
The four-billion-dollar bid involves eight First Nations communities, Vancouver, Whistler and the resort village of Sun Peaks near Kamloops.
