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World Business Report: First broadcast 04/08/2023 14:32 GMT : Canada cancels bid for 2030 Commonwealth Games

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Canada pull out of hosting the 2030 Commonwealth Games

First broadcast 04/08/2023 14:32 GMT 

First broadcast 04/08/2023 14:32 GMT : Canada cancels bid for 2030 Commonwealth Games

Canada cancels bid for 2030 Commonwealth Games

BBC World Service - World Business Report, Canada cancels bid for 2030 Commonwealth Games

Canada has withdrawn its bid to host the 2030 Commonwealth Games due to rising costs

The Canadian province of Alberta has withdrawn its bid to host the 2030 Commonwealth Games, saying the $2.68 billion price tag was too expensive for taxpayers.

Alberta in Canada has withdrawn its bid to host the 2030 Commonwealth Games. It follows a decision last month by the Australian state of Victoria to pull out of hosting the 2026 Commonwealth Games. Both say that the event is simply too expensive - and would cost as much as $2bn. We speak to the CEO of the 2022 Birmingham Commonwealth Games about the impact of this.

An amateur rapper and her husband have pleaded guilty to trying to launder $4.5bn (£3.5bn) of Bitcoin that he had stolen in a hack in 2016. Heather  "Razzlekhan" Morgan and Ilya Lichtenstein were arrested last year in New York. We find out how they manged that heist.

And we look at "Emancipendence" celebrations in Jamaica as it come to a climax. The day commemorates the abolition of slavery in not just Jamaica but the British Empire. We hear what this day has meant for the economic development of Jamaica.

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First broadcast 04/08/2023 14:32 GMT : Canada cancels bid for 2030 Commonwealth Games

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