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The World Cup Promised $3.8 Billion — Here's What Canada Actually Got

       Monday July 13, 2026 FIFA promised Canada a $3.8-billion economic windfall for hosting the 2026 World Cup. Two weeks into play in Toronto, the receipts tell a very different story — and there's a lesson in it for anyone thinking a "big event" boost is coming to their city, their rental property, or their business. The Billion-Dollar Bill Came First Before a single ball was kicked, Canadian taxpayers were already on the hook. According to the Parliamentary Budget Office, governments across the country will spend roughly $1.07 billion hosting the 2026 tournament. Toronto alone budgeted $380 million to host six matches at BMO Field. British Columbia's tab for Vancouver's seven matches at BC Place came in even higher, at about $578 million. Ottawa is chipping in $473 million of that total — including $220 million in direct grants to Toronto and B.C., plus another $145 million earmarked for security costs during the tournament. Net of federal help, Toronto and B...
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Ontario’s “One Fare” Program Saves Transit Riders $1,600

 

The Ontario government is keeping costs down for public transit riders with the launch of the “One Fare” program, which will save riders an average of $1,600 each year. Beginning February 26, 2024, riders will pay only once as they transfer for free between the TTC and participating transit agencies in the Greater Toronto Area, including GO Transit.

The One Fare program, announced earlier this year, allows passengers to transfer between a number of different transit systems in Ontario but only pay once. Under this program, commuters can transfer between the TTC and GO Transit, as well as regional transit systems like Brampton Transit, Durham Region Transit, MiWay, and York Region Transit.

How Does It Work?

  • When transferring between the TTC and GO Transit, your TTC fare will be free.
  • When you transfer between the TTC and other local transit systems, your second fare will be free.
  • Simply tap your PRESTO card to automatically receive the discount. It’s akin to the free two-hour transfers already in effect on the TTC.
  • Your transfer remains valid for two hours if you start your trip on a local transit system or three hours for trips originating on GO Transit.

Even if you forget your PRESTO card, the One Fare program has got you covered. Passengers can still benefit when paying using credit or debit. For frequent commuters, this program could save an average of $1,600 annually—a welcome change for many Toronto residents.

The introduction of the One Fare program aligns with Metrolinx’s long-term strategy for sustainability and improved public transit service in the province. As Toronto navigates this fare revolution, commuters can breathe a sigh of relief—and perhaps even pocket some extra change for their morning coffee. 

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