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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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Severe Storm Triggers Flooding and Transit Disruptions in Toronto

 

 A powerful storm system has unleashed heavy rainfall across the Greater Toronto Area (GTA), leading to widespread flooding on roadways and affecting transit services. Environment Canada issued a rainfall warning for the city, with a risk of thunderstorms throughout Tuesday afternoon and evening. Here are the key details:

  • Rainfall Warning: Up to 110 millimeters of rain is expected to fall on Tuesday, with rates of 40 mm/h possible at certain points. The intense downpours can cause flash floods and water pooling on roads. Localized flooding in low-lying areas is also possible. Residents are advised to watch for washouts near rivers, creeks, and culverts.

  • Flood Warning: The Toronto and Region Conservation Authority (TRCA) issued a flood warning due to hazardous conditions near bodies of water. Slippery and unstable river banks pose risks, and all shorelines, rivers, and streams in the GTA should be considered dangerous. Erosion and rapidly changing water levels are expected.

  • Transit Disruptions: The Toronto Transit Commission (TTC) and GO Transit have been impacted. TTC Line 1 trains are not stopping at St. Patrick, Lawrence, and Union stations, while Line 2 trains are bypassing Pape station. GO Transit’s Kitchener line will start and end at Malton GO. Peel police also warned drivers about manhole covers lifting due to downpours.

As the city grapples with the deluge, Mayor Olivia Chow is addressing the media, emphasizing caution around water bodies and urging travelers to plan their routes carefully. Union Station’s Bay Concourse Hall has already experienced flooding, and some roads are closed due to high water levels. Toronto Pearson Airport, however, remains operational with no flight disruptions.

Stay informed, stay safe, and be prepared for further updates as the storm continues to impact the GTA. 

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