Victoria bid for the 2022 Commonwealth Games revealed on 30 April 2017 that the City of Victoria was exploring a possible bid for the 2022 Commonwealth Games. Victoria last hosted the 1994 Commonwealth Games. Vancouver, which is also in British Columbia, hosted the 1954 Commonwealth Games and 2010 Winter Olympic Games and Paralympic Games. On 24 August 2017 B.C. Finance Minister Carole James announced in a statement that the province won't contribute funding to a 2022 Commonwealth Games bid because there were too many uncertainties. She cited question marks surrounding the bid, including revenue commitments, venue locations, costs for security – which weren’t including in the bid
London Organising Committee of the Olympic and Paralympic Games not responsible for building permanent venues, reported spent £2.38 billion since winning the bid in 2005 and generated £2.41 billion. On 30 May 2013 it handed back to the government, Britain's Olympic committee and other beneficiaries a surplus of £30 million from the 2012 Games. The British Olympic Association received £5.3 million, the British Paralympic Association £2.6 million, and £20 million was returned to the Department for Culture, Media and Sport. On 6 July 2005 the International Olympic Committee (IOC) chose London as the host city for the 2012 Olympic Games. After the success of the London bid, LOCOG was