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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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Canada Tightens Tariff Relief for GM and Stellantis Amid Production Cuts

A Stellantis-made Jeep sits in front of the company's plant in Brampton, Ont., on Oct. 15 — the day the automaker announced it was moving vehicle production to the U.S. 

The federal government has moved to scale back tariff relief for General Motors (GM) and Stellantis after both automakers announced reductions in their Canadian operations.

Ottawa confirmed that the companies will now face stricter limits on how many U.S.-assembled vehicles they can import tariff-free. The decision reduces GM’s tariff-free quota by roughly 24 percent and Stellantis’ by as much as 50 percent, according to government source.

The tariff relief program, introduced earlier this year as part of Canada’s retaliatory measures against U.S. trade restrictions, allowed automakers to import a set number of vehicles without penalty. However, the exemptions were tied to commitments to maintain Canadian jobs and production. With Stellantis shifting Jeep Compass production to Illinois and GM ending BrightDrop van output in Ingersoll, Ottawa says those commitments were breached.

Industry Minister Mélanie Joly called the move a necessary step to protect Canadian workers and ensure automakers uphold their promises. The government signaled that tariff relief could be restored if the companies reinvest in Canadian manufacturing.

Union leaders have welcomed the decision, arguing that it sends a strong message to multinational automakers that Canadian jobs cannot be sacrificed without consequences.


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