The City of Toronto is considering shooting fireworks off the CN Tower to ring in the New Year in 2017.

Many councillors have pointed to the Pan Am Games' opening and closing ceremonies, saying thousands of volunteers and visitors were captivated by the spectacular pyrotechnics displays.

“It’ll be a no-brainer,” said Coun. Shelley Carroll. “People will say yes because we know that, universally, people were just overjoyed when we did that for Pan Am.”

The idea was first brought forward by Coun. Jim Karygiannis, who asked that city staff to research the costs of shooting off fireworks from the CN Tower to mark Canada's 150th birthday.

The country will mark the major milestone with Confederation celebrations planned coast to coast throughout the year.

The Scarborough-Agincourt councillor hopes to kick off the year-long party when the clock strikes midnight on Jan. 1, 2017.

And many other local politicians agree.

“I think that for the 150th celebration, we should shout out and be proud about Toronto,” said Coun. John Campbell.

Another advantage to saving the fireworks show for 2017 is that there might be federal money available to help fund the initiative.

Canada’s Heritage Department has established a fund called “Canada 150” that municipalities can apply for to help pay for their 150th anniversary celebrations.

Much of the initial infrastructure for the pyrotechnics display is already in place thanks to the Pan Am Games

The CN Tower has been used as a launching point for milestone fireworks shows before. To mark a new millennium in 2000, thousands of pounds of explosives were fired from the sides and top of the Tower.

Some local politicians say the fireworks is a chance to add on to the legacy of memorable celebrations in Toronto.

“I think it would be great for us, great for people watching around the world and I think more tourists would come,” said Coun. Glenn De Baeremaeker.

City staff are currently looking into how much the celebration would cost and expected to report back to City Council in February.

With a report from CTV’s Natalie Johnson