Cost Estimates Released for First Nations-led 2030 Olympics Bid in BC |

The indigenous-led group pushing for the 2030 Olympics to be held in British Columbia estimates the cost of hosting the event could be anywhere from $3.5 billion to $4 billion, combining a mix of public and private funding.

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Mary Conibear of the 2030 Feasibility Team says that to make the event financially and environmentally sustainable, the group is proposing to use much of the same venues from the 2010 Winter Olympics.

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Vancouver, Whistler and First Nations to explore feasibility of bid for 2030 Olympics

The Líl̓wat, Musqueam, Squamish and Tsleil-Waututh nations announced on February 1 that they had signed an agreement with the City of Vancouver, the Whistler Tourism Municipality, the Canadian Olympic Committee and the Canadian Paralympic Committee to explore a bid.

It would be the first indigenous-led bid for the Olympics.

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Tewanee Joseph, who is guiding indigenous associations for the bid, has previously said he believes hosting the games offers an opportunity for reconciliation.

Debate over hosting the Olympics has been brewing in Vancouver, where in April its city council voted against calls for a plebiscite on the matter.

Click to play video: 'Feasibility study released on First Nations-led 2030 Olympic bid'

Feasibility study released on First Nations-led 2030 Olympic bid

Feasibility study released on First Nations-led 2030 Olympic bid – June 14, 2022

According to a Friday press release from the group, security costs to host the Games are estimated to be about half of what they were in 2020.

The sporting event will contribute with more than a thousand new homes, he adds.

“The 2030 Games have the potential to have lasting impacts and benefits for host nations, wider indigenous peoples and society at large by building a stronger social fabric that advances reconciliation and the power of sport,” said Dennis. Thomas-Whonoak, Tsleil. -Leader of the Waututh Nation Olympic technical team, in the statement.

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“We are rowing towards a brighter future and welcome the opportunity to showcase the good work that has been done so far and the potential investment in our collective future.”

With files from Elizabeth McSheffrey

© 2022 The Canadian Press

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