Toronto will not bid to host the 2024 Summer Olympics and Paralympics after the city's Mayor John Tory opted not to enter the race, it has been widely reported in Canada.
Any chance of a bid is now over after weeks of deliberation, with a full announcement expected later today, the Toronto Star is reporting citing two sources with "knowledge of the decision".
Similar suggestions were published elsewhere, with The Canadian Press reporting how members of the City Council had voiced misgivings about the costs of bidding for and hosting the Games, as well as "unprecedented secrecy" surrounding the discussions.
This reportedly follows a lack of corporate enthusiasm and firm support from the provincial authorities, as well as a lack of time to consult further ahead of today's International Olympic Committee (IOC)-deadline for applications.
Talks of a bid ramped following the success of July's Pan American Games in Canada's largest city, with Canadian Olympic Committee President Marcel Aubut leading the campaign.
He claimed the bid would raise the profile of Toronto while also taking advantage mostly of pre-existing venues.
Tory initially appeared keen on the idea but as time has passed and the memory of the continental Games has dimmed, his enthusiasm appears to have decreased.
At one stage, the problems experienced by United States contender Boston was also thought to have encouraged Toronto to try to become the leading North American candidate, so the subsequent replacement of Boston's bid with a much stronger one from Los Angeles may also have counted against it.
It will mean the hunt for a first Canadian Summer Olympic host since Montreal 1976 goes on, with Toronto beaten by Beijing in the race for the 2008 Games and finishing third behind Atlanta and Athens in the 1996 battle.
Paris, Hamburg, Rome and Budapest are also bidding as well as Los Angeles, with Azerbaijani capital Baku a possible late entrant.
A final decision will be made at the 2017 IOC Session in Lima.
September 2015: Olympics are a "bottomless black hole" says Toronto's former Mayor Rob Ford
September 2015: Key questions remain about possible Toronto 2024 Olympic bid with deadline drawing close
September 2015: Enthusiasm dimming for Toronto 2024 bid as caution expressed over likely cost
August 2015: Mayor and Canadian Olympic Committee President hold new talks over Toronto bid for 2024 Olympics and Paralympics
July 2015: Toronto in "better situation" than any other bidder in race for 2024 Olympics, claims Aubut