Toronto will not enter the bidding process to host the 2024 Summer Olympics.
A source with knowledge of the discussions told The Canadian Press that Mayor John Tory made the decision after he received a lack of firm support from the province and lukewarm enthusiasm from potential sponsors.
The mayor is expected to announce his decision at a news conference on Tuesday, which is the deadline for cities to submit a letter to the International Olympic Committee to register as possible candidates to host the Games.
Though he needed council’s approval to proceed with a bid, Tory has said the letter was an important step in that direction.
Talk of another bid emerged after this summer’s Pan Am Games, and Tory has since been consulting with politicians, sports officials and other stakeholders on what’s involved in vying for the Olympics.
Toronto made two unsuccessful bids for the Games — in 1996 and in 2008 — and Tory has said he doesn’t want to lead a third failed attempt.
Los Angeles, Paris, Rome, Budapest, Hungary and Hamburg, Germany have said they would be in the running. The winning city will be chosen in 2017.
The Canadian Press