It's official: Sudbury will submit bid for 2021 Summer Games
But city also on hook for Summer Games’ deficit if bid goes through
As of January 31, Sudbury will officially be in the running for host city of the 2021 Canada summer games.
City council approved the official bid package after two hours of debate last night. The bid, accompanied by a non-refundable payment of $10,000, will be submitted by the end of January.
But not all councillors want the games to come to Sudbury, suggesting the millions of dollars could be put toward things like lowering the unemployment rate.
Councillor Mark Signoretti said that even with the financial burden the games impose — including $3 million in cash for capital expenditures — the games are a risk worth gambling on.
"We can sit here and do status quo and when some opportunity is presented to us and not act on it," Signoretti said, "or we can be bold and take calculated risks that are going to benefit just not our generation, but our kids' generation and their kids' generation."
Sudbury is up against Kitchener-Waterloo, Ottawa and the Niagara Region to land the two-week, multi-sport event.
Guelph, originally packaged with Kitchener-Waterloo to host the event, has already backed out of the bid process due to a lack of capital funds.
The host city will be announced at the end of March.