Alberta鈥檚 government has pulled the plug on a possible 2030 Commonwealth Games bid citing financial risk.
Alberta鈥檚 2030 bid committee called the move an 鈥渦nexpected decision鈥� as the group had yet to take its pitch to the public.
The bid involved Calgary and Edmonton, as well as the Tsuut鈥檌na Nation and Enoch Cree Nation.
鈥淲e are disappointed 鈥� and will not be commenting further,鈥� Alberta 2030 Bidco said in a statement Thursday.
The provincial government said the Games were estimated to cost $2.68 billion.
鈥淭he corporate sponsorship model and limited broadcast revenues for the Commonwealth Games would have put 93 per cent of financial burden and risks on Albertans,鈥� Alberta Tourism and Sport Minister Joseph Schow said in a statement.
The Canadian Press
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