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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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Trump Imposes 25% Tariff on Imported Trucks, Exempts USMCA Partners

 

                                            U.S. President Donald Trump 


U.S. President Donald Trump has signed a proclamation imposing a 25% tariff on imported medium- and heavy-duty trucks, a move aimed at bolstering domestic manufacturing and shielding American companies from foreign competition. The measure, set to take effect on November 1, 2025, also includes a 10% tariff on imported buses, such as school and city buses.

In a significant carveout, vehicles traded under the Canada-U.S.-Mexico Agreement (USMCA) will be exempt from the new duties, ensuring that North American trade flows remain largely unaffected. The administration also extended tariff relief on certain auto parts until 2030, providing U.S. automakers with additional cost flexibility.

Officials said the tariffs are designed to encourage manufacturers to build more vehicles in the United States, while discouraging reliance on foreign-made truck parts. The policy is expected to benefit American companies such as PACCAR and Ford, while potentially raising costs for importers outside North America.

The announcement follows months of speculation and debate over the administration’s trade strategy, with Trump framing the move as a step toward “protecting U.S. jobs and industries from unfair outside competition”.


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