Feds giving Toronto more than $104M to host 2026 FIFA World Cup
The federal government will provide Toronto just over $104 million in funding to host the 2026 FIFA World Cup.
This is the first time Ottawa has provided a firm dollar-figure for the games following the successful global bid.
“Toronto will set an impressive stage to Canada as host of this international tournament,” Carla Qualtrough, Federal Minister of Sport and Physical Activity, said on Friday.
“This contribution will support the operational and capital expenses of these matches.”
- Download our app to get local alerts on your device
- Get the latest local updates right to your inbox
Toronto is set to host six FIFA World Cup games, while the rest of the tournament will be held in Vancouver, as well as cities in the U.S., and Mexico.
The federal government has already committed about $116 million to help fund the Vancouver matches, for an overall investment of $220 million.
Toronto Mayor delivers remarks during an announcement at Toronto's BMO Field on Friday, May 3, 2024, which revealed $104 million in federal funding for Toronto to host six games during the 2026 FIFA World Cup. THE CANADIAN PRESS/Chris Young
Qualtrough said the funding, which is less than the possible 35 per cent the federal government could have contributed for an event of this size, was based on submissions surrounding operational and capital costs.
“The structure of this, how this event is organized, is unique to this event,” she said. “FIFA’s portion, the City of Toronto's portion, Ontario's portion, so it was a slightly different calculation.”
When asked if the funding could change if costs continue to increase, Qualtrough said there would be an open conversation with the city about their needs. However, she also said the “expectation is we all stay squarely within these investments.”
A Toronto report released earlier this year suggested the pricetag of hosting the World Cup would be roughly $380 million, about $80 million more than the original estimate two years ago.
The change has been attributed to inflationary price estimates, vendor quotes and safety requirements.
Ontario has said it would be contributing $97 million in one-time funding, leaving the city to pay the remaining $180 million.
“We signed the bid,” Toronto Mayor Olivia Chow said of the cost. “We believe we will be able to raise the funds and contain the cost so that’s why we are moving forward with excitement.”
Toronto Mayor Olivia Chow is photographed prior to an announcement at Toronto's BMO Field on Friday, May 3, 2024, which revealed $104 million in federal funding for Toronto to host six games during the 2026. FIFA World Cup THE CANADIAN PRESS/Chris Young
About a third of the overall cost is for security and policing, the mayor told reporters.
“And then there are capital costs. For example, the stadium is going to have a lot more seats because that's the FIFA requirements,” Chow said, noting that other related activities such as a fan fest are also included in the pricetag.
Chow has said she hopes to do some fundraising to alleviate the cost.
CTVNews.ca Top Stories
RCMP alleges Indian officials in Canada connected to extortion, homicides
The RCMP is alleging Indian diplomats and consular officials based in Canada engaged in clandestine activities linked to serious criminal activity in this country, including homicides and extortions.
'A threat to all of us': Eby addresses RCMP allegations Indian officials linked to Canadian homicides, extortion
B.C. NDP leader David Eby took a break from campaigning Monday to address stunning new allegations from the RCMP that Indian diplomats and consular officials are linked to violent criminal activity on Canadian soil.
Ontario police say 'escalating incidents' between high schools connected to deadly crash
'Escalating incidents' between two Hamilton high schools are believed to be connected to a car crash last week that left a 15-year-old boy dead, police say.
'We apologize to anyone we've offended': Bath and Body Works pulls candles over backlash
A major American retailer has stopped selling its new winter-themed candle over backlash from shoppers who said its design resembled Ku Klux Klan hoods.
Scientists claim to solve centuries-old mystery of Christopher Columbus' origins
The 15th-century explorer Christopher Columbus was a Sephardic Jew from Western Europe, Spanish scientists said on Saturday, after using DNA analysis to tackle a centuries-old mystery.
Father of 10-year-old girl found dead in the U.K. called police from Pakistan to say he killed her
The father of a 10-year-old girl found dead in her home in England fled to Pakistan and called U.K. police from there to say he had killed her, a jury heard Monday.
Airbnb guests east of Toronto steal quarter of a million dollars worth of jewelry: police
Four guests at an Airbnb east of Toronto made off with a quarter of million dollars worth of jewelry following their stay, police say.
Pledges to cover fertility treatment as elections play out across Canada
As provincial elections play out in British Columbia, Saskatchewan and New Brunswick this month, there are pledges to provide more fertility treatment coverage.
Mass shootings share 'sketchy stories,' B.C. Conservative candidate claims in resurfaced social post
Embattled B.C. Conservative candidate Brent Chapman is under fire once again, this time for past Facebook comments casting doubt on the official accounts of mass shooting events in Canada and the U.S.