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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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Carney Eases Trade Tensions with U.S. by Lifting Key Tariffs

 

                                            Prime Minister Mark Carney 

In a significant shift in Canada–U.S. trade relations, Prime Minister Mark Carney announced that Canada will remove many of its retaliatory tariffs on American goods starting September 1. The move aligns Canadian policy with U.S. exemptions for products covered under the Canada–United States–Mexico Agreement (CUSMA), effectively restoring tariff‑free trade for the majority of goods exchanged between the two countries.

Tariffs on strategic sectors — including steel, aluminum, and automobiles — will remain in place as Ottawa works with Washington to resolve ongoing disputes. Carney said the decision followed a “productive” call with U.S. President Donald Trump, who assured him the change would help restart stalled trade negotiations.

While the White House welcomed the announcement as “long overdue,” domestic reaction was mixed. Ontario Premier Doug Ford urged the federal government to ensure relief for industries still facing U.S. duties, while Conservative Leader Pierre Poilievre criticized the move as a sign of weakness.

The announcement comes ahead of next year’s scheduled CUSMA review, with consultations set to begin in September. Carney emphasized that Canada still enjoys the lowest average U.S. tariff rate among all trading partners — a position he called “the best trade deal with the United States” despite ongoing challenges.

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