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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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Wall Street Slips on Tariff Ruling, but TSX Climbs to Fresh Record

 


U.S. markets stumbled Tuesday as a federal appeals court struck down most of former President Donald Trump’s global tariffs, sparking uncertainty over trade policy and rattling investor sentiment. The Dow Jones Industrial Average fell about 250 points, the S&P 500 dropped 0.7%, and the Nasdaq slid 0.8%, weighed down by rising Treasury yields and weakness in major tech names.

The tariff ruling — which Trump vowed to appeal to the Supreme Court — undercut one of the central pillars of his trade agenda, raising questions about future U.S. economic strategy. Investors also kept a close eye on upcoming economic data, including Friday’s August jobs report, which could influence Federal Reserve rate-cut decisions.

In contrast, Canada’s S&P/TSX Composite Index defied the broader market gloom, rallying late in the session to close at a record high. Strong performances in energy and materials helped offset trade concerns, underscoring the index’s resilience amid global market volatility.


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