The Mayor Said The Olympics Could No More Run A Deficit Than A Man Could Have A Baby. It Took Thirty Years To Pay It Off.

Montreal’s Mayor Jean Drapeau famously proclaimed that the 1976 Olympics could not run a deficit, a promise that ultimately led to a staggering $1.5 billion debt. The city's spending on the Games ballooned to six times the initial budget, resulting in decades of financial burdens for its citizens.