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We couldn't find where it talks about the economy but we're pretty sure that it made a positive increase because it is becoming a popular area for people that are going to support the athletes that are participating in the Winter Olympics. The Canadian Olympic Association chose Vancouver, Canada over Calgary, which sought to re-host the games.Vancouver won the bidding process to host the Olympics by a vote of the International Olympic Committee on July 2, 2003, at the 115th IOC Session held in Prague, Czech Republic.http://en.wikipedia.org/wiki/2010_Winter_Olympics#Bid_and_preparations
We think that that the Olympics both boosted and lowered the economy. It boosted the economy because it made millions of people enter Canada at the time and they had to buy things there like clothes food and places to stay. The olympics also boosted sports merchandise in Canada despite the bad economy. Canada won the privileges to host the winter olympics from a vote.http://www.dw-world.de/dw/article/0,,5237945,00.html
We think that the Olympics helped Canada's economy because it brought millions of people into the country. All those people by tickets to watch the games and places to stay, then also many people want shirts and souvenirs. All these things have helped Canada get some more money for the economy. The way Canada won the privilege to host the winter games this year was from a vote. http://learning.blogs.nytimes.com
By Canada hosting the Olympics, it helped their economy because millions of people came to the winter games, which brought a huge amount of money. To win the privilage of hosting the Winter Olympics they had to go through a series of eliminations until they were the ones chosen to host the wonderful event. :)
When a country is chosen to host the Olympics their economy goes up because they have so many people who travel there to see the Olympics. The place of the Olympics is chosen by countries putting in bids to get the games in their country. For most Winter Olympics they choose a place with a big ski resort or a place that is popular.http://teacher.scholastic.com/activities/athens_games/backyard.htm
By hosting the 2010 Winter Olympic Games, Canada helped its economy by creating new jobs for Canadians and hosting people who came to watch the Olympic Games. To host the Olympic Winter games they went through eliminations and it came down to a vote. Since the Olympic Winter games are in winter cities eligible for hosting have to have a ski resort along with venues and housing for athletes. www. leaderpost.com/Canada+economy
"The city must prove that it is big enough to handle the Olympics. With the games come a huge number of tourists, athletes, journalists, and politicians. They must show that they can host the games in new stadiums and venues, they must house all the people in adequate hotels, and they have to transport everyone from one place to the next with a reliable mass transit system. They also need to show that they can handle the high level of security needed at the games."http://teacher.scholastic.com/activities/athens_games/backyard.htm
Nice, some of you really researched and some just guessed. Good job citing the source.
Altho the olympics cost a lot of money for equipment and to set up all the tracks, they would make a lot of money because all the people entering and all the country's that have million dollar sponsors that would help to make the tracks. Vancouver would make money on the people staying at hotels and all the money that went towards food. That money would raise the canadian economy. The average person in Canada that went to watch the olympics would half to pay 100$ a day between food,hotel,rental car, that money would be regenerated in the Canadian economy. It is going to cost a lot of money to keep the torch lit in front of the Vancouver olympics sky run.
Every two years, cities around the world make bids to earn the privilege to host the Olympics. Vancouver won the bidding war to host the Olympics in 2010. Vancouver was big enough to host the Olympics. They were able to transport every spectator from one place to another. They were also big enough to host the games in many different stadiums. Hosting the Olympics was good for Canada's economy. They gave Canada the desire to show pride in their country. They gave Canada the opportunity to bring new jobs into the community.http://teacher.scholastic.com/activities/athens_games/backyard.htmhttp://www.blurtit.com/q9170077.html
Every two years cities from all over the world place bids to an organization called the International Olympic Commission. Each city who wants the Olympic games place a bid and are considered by the IOC. They are considered and applicant city. Each city has to have many points in order to host the Olympics. The city must be big enough to hold the Olympics and all the people that come with it. The city must be able to cover the costs. This has to be considered by the residents who pay the taxes. The city must be able to have a high media exposure. Because the Olympics are so expensive cities only bid because they want to represent their country, have the spotlight for the two weeks the Olympics run for, the opportunity for new jobs and for tourism. http://teacher.scholastic.com/activities/athens_games/backyard.htm
Hosting the Olympics really boosted Canada's economy. Thousands of people from around the world came to see the Olympics. They had to buy food and clothes while staying somewhere. Most people probably went to a store to buy Olympic clothes and objects. This isn't even counting all the money Canada made from transportation for people to get to the games, and once a person got there they had to pay to get in to see the sport.In order to host the Olympics, Canada had to win the vote made by the International Olympic Committee. Vancouver beat Calgary and Quebec in Canada with the help of the Canadian Olympic Association. Then they barely got more votes than the city of Pyeongchang in South Korea.http://en.wikipedia.org/wiki/Vancouver_Olympics
Hosting the Olympicsin in Canada had affected them in a positive way. It was able to increase they economy and also raise the population. They was also able to have a high media exposure which was alos great. To have the Olympics be held in Canada, they had to have a big enough place to hold the Olympics and all the people that come with it. The city must be able to pay for some expenses and have a high media exposure. Because the Olympics are so expensive, the cities only would only bid because they want to represent their country. They also want to have the the attention on Canada for the two weeks of the Olympics and also the opportunity for new jobs and for tourism for others.
Vancouver won the bidding war to host the Olympics in 2010. Vancouver is a big enough city to be able to host the olympics. They were able to transport every spectator from one place to another. They were also big enough to host the games in many different stadiums. Hosting the Olympics was good for Canada's economy. They gave Canada the desire to show pride in their country. They gave Canada the opportunity to bring new jobs into the community.http://en.wikipedia.org/wiki/Vancouver_Olympics
There are several requirements needed in order to be able to host the Olympics. One requirement is the space required to host all of the events. Another requirement is having enough buildings to house all athletes, and proper transportation for all athletes. The 205 International Olympic Committee members vote for the hosting city for the Olympics.http://en.wikipedia.org/wiki/Vancouver_Olympicshttp://en.wikipedia.org/wiki/International_Olympic_Committee
Hosting the Olympics has impacted Canada in a positive way by increasing their economy and also now have a higher population. They were able to promote the Olympics well with good media and that was a plus for the games, it's also a requirement if your country wants to host the games.
Canada entered the voting ballad to host the winter olympics and won. They had to spend money on fencing to keep people in certain sections, pay for referees and judges, build hills for ski jumpers and many other things which took a lot out of their economy. But they also got money back from all the people entering the country and paying for places to sleep and eat.
Hosting the Olympics affected The economy for Canada by far. With So much work to do, that creates more jobs for people which help's the economy. Canada Had to have a bunch of land and snow to support all of the winter events which made it a great spot to host the Olympics. The 205 International Olympic Committee members vote for the hosting city for the Olympics.http://en.wikipedia.org/wiki/Vancouver_Olympics
Hosting the winter olympics was a difficult task for Vancouver, Canada because they had to do a lot of work, preparing for the olympics. Hosting the winter olympics affected Canada's economy a lot , it helped Canada with its economy because it gave more jobs for people in Vancouver, Canada. It took to years for the comittee of the winter olympics to decide that it was going to be in Vancouver. There are several requirements a country needs to be able to host the winter olympics, for example it has to be a city big enough to be able to host the olympics
Holding the Olympics in your cities country requires a lot of money. In some cases taxes can be raised in order to pay for all the costs.In order to be chosen a city must be able to have housing, transportation, and security for all of the athletes, press, fans, etc. They also need proper venues for the events. The city must have a good reputation prior to hosting the events.http://teacher.scholastic.com/activities/athens_games/backyard.htm
It helped the economy of Canada with a big Impact because thousands to millions came to watch the olympics and tickets were at high prices. To host the winter olymics your countrey must have a lot of snow fall and many staduims that can fit atleast 100,000 people
In order to host the Olympics taxes had to be raised to cover all the prices. Tickets were also very expensive because of the bad economy. In order to be able to host the Olympics the city must have a good reputation and proper venues. Hosting the Olympics in Canada was very good for their economy because it was very bad before. It created more jobs for the people in Canada and helped the economy and the people.