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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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Trump Administration Announces Tariffs on Canada, Mexico, and China Starting Saturday


The White House has confirmed that President Donald Trump will impose tariffs on imports from Canada, Mexico, and China starting this Saturday. According to White House Press Secretary Karoline Leavitt, the tariffs will be 25% on imports from Canada and Mexico, and 10% on goods from China.

The decision follows through on Trump's earlier threats aimed at pressuring these countries to halt the flow of migrants and fentanyl across their borders. Despite concerns about potential price increases for U.S. consumers, Leavitt emphasized that these measures are part of the administration's commitment to "promises made and promises kept".

The tariffs are set to take effect without any exemptions, raising questions about their impact on the economy and trade relations. The administration remains firm on its stance, with Leavitt stating that the President is determined to implement these tariffs while addressing inflation and costs for Americans.




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