Uh-oh. With the Pan Am Games set to arrive in Toronto, Canadian Olympic Committee head Marcel Aubut is talking about the city making another bid for the big games. Toronto has tried and failed to land the summer Olympics twice before, but Aubut believes that the venues built for Pan Am prime the city for a successful attempt.

The International Olympic Committee (IOC) has loosened a number of its rules pertaining to venues and their distance to the host city, which would mean many of the facilities built for the Pan Am Games outside of Toronto could be leveraged in an Olympic bid.

The question, of course, is whether or not the city should want to make a bid. In January 2014, Rob Ford and the economic development committee decided against spending money on a pre-bid analysis for 2024, believing Toronto's chances too low and the expenses of the bid process too high (it could cost more than $50 million to make an official bid).

Aubut isn't talking specifics right now, but wants to make a major push once the Pan Am Games wrap up later this summer. What do you think? Is it time for Toronto to go after the Olympics again?