It comes only a year-and-a-half after a proposal for Hamilton - hosts of the first edition of the event in 1930 when it was called the British Empire Games - to bid was defeated twice in the space of a month.

The Canadian Broadcasting Corporation (CBC) reports that some even did an "about face" from the debate in September 2017.

"I know I called previous bids a basket of lunacy," Ward 4 Councillor Sam Merulla said.  

"Now I think this is a basket of opportunity."

According to CBC, a bid would be backed by Carmen's Group, a leading hospitality and entertainment brand in Hamilton that owns and operates several event venues, a hotel and a restaurant.

Chief executive PJ Mercanti says there is a collective willing to pay for it.

Carmen's Group would pool together as much as CAD$1 million (£571,000/$752,000/€659,000).

Mercanti said it will wait for the city report first and that the offer only extends as far as the bid and a business plan.

"We want to analyse the opportunity, crunch the numbers, and recognise what drivers need to be in place," he added.

Commonwealth Games Canada (CGC) invited cities in the country to express interest in hosting the 2030 event in November.

It came after members of the governing body gave their support to Canada hosting the Games, now 11 years away, at their Annual General Meeting.

Hosting in 2030 would have special significance to the country as it would mark 100 years after the Hamilton 1930 event.

There was opposition in Hamilton to bidding for the 2030 Commonwealth Games in September 2017 because of problems with Tim Hortons Field, built at a cost of CAD$145 million (£83 million/$109 million/€96 million) to stage football matches during the 2015 Pan American Games in Toronto.

Since the Stadium opened in 2014 there have been numerous issues regarding the quality of the construction.

The potential cost of hosting the Games, estimated to be about CAD$1.5 billion (£857.7 million/$1.1 billion/€989.5 million) by CGC chief executive Brian MacPherson, could still prove to be a concern.

According to CBC, MacPherson claims the Federal Government has indicated it would pay as much as half of the hosting cost.

But the other 50 per cent would likely be split between the province and the city.

The 2026 Commonwealth Games are expected to go back to Australia - with Adelaide having already emerged as the early favourite.

The next edition, in 2022, will be hosted by English city Birmingham.