Canadian Olympic stamps Olympics. Rolf Harder, the designer of the Innsbruck Winter Games stamp, studied both Fine Arts and Graphic Arts at the Academy in Hamburg, and worked professionally in that city before coming to Canada in 1955. He has created a graphic design using the official Innsbruck Olympic Symbol combined with a stylized snow crystal. The blue-grey background represents a cold winter sky and serves to dramatize the five bright colours of the Olympic rings. The stamp for the 1980 Winter Olympic Games at Lake Placid, N. Y., was designed by Clermont Malenfant of Design G, Montreal. Using an action shot of
Olympic Games Games, at 324%. London 2012 had a cost overrun of 76%, Sochi 2014 of 289%. Many economists are sceptical about the economic benefits of hosting the Olympic Games, emphasising that such "mega-events" often have large costs while yielding relatively few tangible benefits in the long run. Conversely hosting (or even bidding for) the Olympics appears to increase the host country's exports, as the host or candidate country sends a signal about trade openness when bidding to host the Games. Moreover, research suggests that hosting the Summer Olympics has a strong positive effect on the philanthropic contributions of corporations headquartered in