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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 Delays Tariff Hikes on Furniture and Cabinets for One Year

 


President Donald Trump has postponed planned tariff increases on imported upholstered furniture, kitchen cabinets, and bathroom vanities, granting a one‑year extension before higher duties take effect.

The tariffs were originally scheduled to rise at the start of 2026, with rates on upholstered furniture set to increase from 25% to 30%, and duties on kitchen cabinets and vanities slated to jump from 25% to 50%. Under the new timeline, the current 25% rate will remain in place through 2026.

The administration said the delay is intended to provide additional time for ongoing trade negotiations with countries that export these products to the United States. Officials have argued that the tariff increases are part of a broader effort to bolster domestic manufacturing and address long‑standing trade imbalances.

The postponement offers temporary relief to importers, retailers, and builders who had been preparing for higher costs. Unless further action is taken, the increased tariffs are now scheduled to take effect on January 1, 2027.


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