Although it is the end of May, the memory of the last Winter Olympics held in Sochi is still fresh and vivid. The Olympics are always the center of attention of the whole world. No matter how many times the country has been the host, the entire nation will still be eager to win the competition and win the Games. Obviously, the Olympics are like a huge parade that brings in the whole world to enjoy these highly competitive sports games; meanwhile, it also has a huge and profound influence on the country's economy for a long time. The Olympics have usually been an opportunity for rich countries to show off their prestige and power, staging the grandest Games for weeks. However, organizing the Olympics represents a huge investment that does not guarantee the expected return. Is it always profitable for the county to hold such an event with a billion-dollar price tag? Recently, Vietnam recently withdrew from hosting the 2019 Asian Games; as the prime minister said the estimated revenues from hosting Asiad would not cover the costs of organizing the event and building the necessary infrastructure, especially during the global economic crisis. This announcement evoked memories of "The Big O", which is the nickname of the main venue of the 1976 Montreal Olympics in reference to the donut shape of the stadium's roof, as well as the astronomical cost of the stadium and the cost of the 1976 Olympics in their band, The Big Owe. While the 1976 Olympics are certainly considered a disaster for Quebec's economy, Canada later held two more Winter Olympics in Calgary and Vancouver which both proved to be a huge boost to the economy albeit during the recession. “All Olympic historians have implied that there was a huge time… middle of the paper… a short time. So it is necessary for the government to organize a reasonable program instead of facing long-term strikes under the threat of disqualification. In addition to the obvious revenue surplus, the Olympics could also increase average happiness in the host country. Because of the Olympics, the infrastructure will be perfectly completed and many unprecedented sports facilities will be available for the local community, inspiring everyone to engage in sports while promoting the spirit of athletics for the entire country. In conclusion, although holding the Olympics may involve some economic risks, it will usually give a huge boost to the country's economy both in terms of short-term revenue increases and long-term growth in international trade and tourism, as long as the government is aware enough to address Olympic inflation. So why not apply to Toronto for the next Olympics?!