London bid for the 2012 Summer Olympics being selected by the International Olympic Committee (IOC) when put up against other world cities in a competitive bidding process. On 6 July 2005 at its 117th Session in Singapore, the IOC awarded London the right to host the Games of the XXX Olympiad. The city beat the favourite Paris 54 to 50 on the fourth and final ballot. London is the first city to host the Games three times. At the time of the bid, the budget projection was around £2 billion, but it was later estimated that the true cost would be around £9 billion. The project involved
Bids for the 2010 Winter Olympics In the first round Pyeongchang received 51 votes, while Vancouver received 40 and Salzburg with only 26 votes, thus eliminating them in the first round. In the second and final round of voting, Vancouver received 56 votes to Pyeongchang's 53, which proved to be the difference in margin of victory and the closest vote for an Olympic city host since Sydney, Australia beat Beijing, China by 2 votes for the 2000 Summer Olympics. Across Canada, and especially in the province of British Columbia, celebrations broke out amidst the announcement made by IOC President Jacques Rogge, as evidenced on the CBC,