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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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Poilievre Declines Severance After Election Defeat, Signaling Fiscal Responsibility

Conservative Leader Pierre Poilievre has declined the severance package offered to defeated Members of Parliament following his unexpected loss in the Ontario riding of Carleton. Poilievre, who had held the seat for two decades, was defeated by Liberal candidate Bruce Fanjoy in a closely contested race.  

Despite the setback, Poilievre remains committed to his principles of fiscal responsibility, rejecting the severance that MPs typically receive upon losing their seats. His decision aligns with his long-standing stance on government spending and accountability.  

Poilievre’s loss has sparked discussions about his future in the Conservative Party, with some members rallying behind him while others question his leadership moving forward. However, his rejection of severance sends a clear message about his commitment to financial prudence, a key pillar of his political ideology.  

As the political landscape shifts, Poilievre’s next steps will be closely watched, particularly as the Conservative Party navigates its path forward in the wake of the election results.

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