Key Assumptions:
► The host city is not a significant contributor of funds to any Games process. Rather, the host will contribute a fixed amount of cash and/or land for the building of venues or other sites used during the Games. The actual City contribution would be a matter of negotiation with the Provincial and Federal Governments. In the Illustrative Scenario above we have assumed that the City provides most of its contribution in the form of land. In any event, significant time will be required of City staff and related organizations should the Games go ahead;
► Theprovincialand/orfederalgovernmentistypicallythelargestsourceoffundsintermsofinfrastructureandsecurity spending. The actual quantum of Provincial and Federal funding will be dependent on a number of factors including the design of the venues, the security and transportation plans, the number of Pan Am 2015 venues which may be utilized and negotiation with the Federal/Provincial governments. The illustrative estimates above are based on reviews of past Games, EY’s experience in advising Olympic Committees, past reports on Olympic Games and 2020 Olympic games candidate plans;
