Sherbrooke is to bid for the 2021 Francophonie Games after original hosts New Brunswick pulled out.
Councillors in the Quebec city have agreed to submit their candidacy but several conditions are attached, according to CBC.
This includes confirmation of the latest requirements for the Games from organisers the Organisation internationale de la Francophonie.
Financial support will also need to be provided by the Provincial Government in Quebec and the Federal Government in Ottawa.
A successful bid would mean the Games remaining in Canada after New Brunswick pulled out last month citing soaring costs.
The Games, for French speaking countries, had been due to take place in 2021 in Moncton-Dieppe.
Winnipeg is another Canadian city reportedly considering a bid.
"We're not going to jump into this without a solid bungee cord," said Sherbrooke Mayor Steve Lussier, according to CBC, while promising that residents would not be given any Games-related taxes.
City councillor Pierre Avard added: "The next step will be even more important with negotiations to ensure that citizens do not end up with the bill.
"The conditions that we have right now, I think we are in the driver's seat."
New Brunswick pulled out after figures suggested the price of staging the Games had risen by 766 per cent.
It was first estimated that costs would be CAD$15 million (£8.7 million/$11.4 million/€9.9 million) but that figure climbed to CAD$130 million (£75 million/$99 million/€86 million).
The Federal Government said they would only match New Brunswick's contribution, a stance which would likely be the same for Sherbrooke.
Abidjan in the Ivory Coast staged the last Francophonie Games in 2017.
Sherbrooke held the International Association of Athletics Federations Youth World Championships in 2003, which were notable for the 200 metres gold won by a young Usain Bolt.
Action took place at the Université de Sherbrooke Stadium.