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FIFA World Cup 2026 & Your Wallet: How to Cash In Right Now

  The biggest sporting event in history is happening right now in Canada. Here's what it means for your money — whether you own property, rent, or just want to watch. The 2026 FIFA World Cup kicked off on Canadian soil on June 12 — and whether you've been following the matches or not, this tournament is already leaving a mark on Canadian wallets. Toronto and Vancouver are hosting games through July 19, and the economic ripple effects are very real: in hotels, short-term rentals, restaurants, and yes, your tax return. If you're a homeowner — especially in Toronto or the GTA — there's still time to benefit. And if you're simply a Canadian taxpayer, it's worth knowing exactly what this tournament is costing us, and what we're getting back. Here's everything you need to know about the FIFA World Cup and your money. The Big Picture: What This Tournament Is Worth to Canada FIFA projects that hosting the World Cup will contribute up to CAD $3.8 billion in eco...
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Israel Orders New Evacuations in Rafah as it Prepares to Expand Military Operations

 

In a significant development, Israel has ordered new evacuations in Gaza’s southern city of Rafah. Tens of thousands of people are being forced to move as the Israeli military prepares to expand its operations closer to the heavily populated central area. This move comes despite growing pressure from close ally the United States and other international actors.

The situation in Rafah is critical. Israel has already evacuated the eastern third of the city, which is considered the last refuge in Gaza. However, the United Nations and other agencies have warned that a full-scale invasion of Rafah would have dire consequences for humanitarian operations and could lead to a surge in civilian casualties. Rafah shares a border with Egypt near the main aid entry points, which have already been affected by the conflict.

U.S. President Joe Biden has taken a firm stance, stating that offensive weapons will not be provided to Israel for its operations in Rafah. The U.S. report also highlighted “reasonable” evidence that Israel breached international law protecting civilians during its war against Hamas. In response, Israel emphasized its compliance with the laws of armed conflict and its efforts to minimize civilian casualties.

More than 1.4 million Palestinians—half of Gaza’s population—have sought refuge in Rafah, most of them fleeing Israel’s offensives elsewhere. The ongoing evacuations are forcing people to return north to areas that have already been devastated by previous Israeli attacks. Displaced residents are grappling with the difficult decision of leaving their homes in search of safety. As one Rafah resident put it, “The Israeli army does not have a safe area in Gaza. They target everything” .

The situation remains tense, and the international community closely watches the developments in Rafah. The impact on civilians and humanitarian operations cannot be overstated, and efforts to find a peaceful resolution continue amidst the escalating conflict.


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