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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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Fundraising Halt: Biden's July Donations Take a Dive

 

In a surprising turn of events, President Joe Biden's fundraising efforts have hit a significant roadblock. Several key fundraisers for Biden's reelection campaign have been put on hold as July donations have seen a sharp decline. 

This sudden drop in financial support has raised concerns among Democratic sources involved in the events. The Biden Victory Fund has also issued a memo instructing a pause in donor calls, signaling a potential shift in campaign strategy. 

Despite these challenges, House Democrats have managed to secure a substantial fundraising haul, indicating a complex financial landscape for the party. The Biden campaign's difficulties come at a critical juncture, with the reelection team bracing for a seismic fundraising hit following a recent debate that has taken a toll on operations. 

The situation has led to a growing apprehension within the party, with some advisers and operatives expressing fears that Biden's fundraising is 'cratering' amid a slowdown in both large and small donor contributions. As the campaign navigates this financial turbulence, the implications for Biden's reelection prospects remain uncertain.

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