The Regional Municipality of York has officially launched a bid for the 2014 Commonwealth Games, predicting a successful bid would generate construction of more than $3 billion in new facilities including a National Sports Institute, and 11,000 new jobs would be created.
York 2014 officials say hosting the event will speed up transit plans for the area, including subway expansion, reports the Toronto Star.
York Region is competing with Halifax, Ottawa and Hamilton to become Canada’s candidate for the 2014 Commonwealth Games bid. A decision on which city will represent Canada in the 2014 bid will be announced December 15.