Staging a big cycle race is good for a city’s bank balance

The races themselves turned a profit of $1.1m. Canada’s National Post newspaper quotes David Braley, who chaired the race organising committee: "[I’ve] never been prouder of my hometown."

At the time, many Hamilton residents complained about the coming of the world championships, citing traffic restrictions and residential neighbourhood disruption.

Final accounting figures are being audited, said The Post, and will be submitted to federal and provincial governments.