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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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Ottawa Unveils Nearly 500 Measures to Slash Red Tape and Boost Efficiency

 

                 President of the Treasury Board Shafqat Ali rises during question period in House of Commons on         Thursday, May 29, 2025. 


The federal government has announced the results of a 60‑day review aimed at streamlining regulations and cutting costs, revealing nearly 500 proposed measures across departments and agencies.

Treasury Board President Shafqat Ali, who spearheaded the initiative in early July, said the changes are designed to eliminate outdated or redundant rules, speed up decision‑making, and improve service delivery. Examples include ending certain Canada Border Services Agency checks for international transiting travellers, introducing Transport Canada rules for transporting low‑risk dangerous goods by drone, and overhauling the Canadian Armed Forces grievance system.

Ali noted that the new measures could lead to faster access to new drugs, more efficient reviews of major projects, and stronger collaboration with trading partners. The federal Red Tape Reduction Office will now work with regulators, provinces, and territories to implement the proposals and identify further opportunities for reform.

Prime Minister Mark Carney, who promised the review during his election campaign, framed the effort as part of a broader push to make government leaner and more competitive, while unlocking economic growth.

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