World Cup Tickets: The increasing cost to host six FIFA 2026 soccer games in Toronto will originate before city councillors this week. With some focused on stopping the price tag from rising further. Council will dig into a report that shows the cost to taxpayers to host the 2026 matches has hopped by $80 million. Late last month, city staff said that the price shot up because of a diversity of factors including inflation.
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Security costs and the city being given six games instead of five as initially predictable. Coun. Paula Fletcher reinforced the bid to host the World Cup. She expresses concern about the rising costs and believes this may not be the end of it. In 2018, officials estimated that hosting the competitions would cost between $30 to $45 million. By 2023, that projection had increased to $300 million. It now sits at $380 million.
I feel pretty unfulfilled, she said. I didn’t realize there were so many monetary strings attached when I reinforced it. And that any shortfall would be the cities. Toronto imagines to see a monetary boost of roughly $392 million in GDP and an extra $456 million for Ontario. According to the report. It also imagines the games to create around 3,500 local jobs.
FIFA World Cup Tickets: Toronto Faces FIFA 2026 Cost Struggles Amid Limited Financial Options
But with the FIFA contract signed, there may be little councillors can do to change. The deal excluding push to increase revenues from the games and compel costs, Fletcher said. That’s not taking away from any of the eagerness of all of the soccer fans in the city of Toronto, she said. It’s a great night out. But the morning after, it’s going to be attractive hard.
Previous this month, Mayor Olivia Chow said she is trying. To make the best of a problematic monetary deal for the city. She expressed frustration that she has been saddled with the costs of past council decisions and has little recourse. Will I want to see $380 million being spent on it? No, she said. Would I have signed the deal had none of the provincial and federal government contributions been locked down? No.

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The jurisdiction has dedicated up to $97 million to pay for the games. The federal government has not made a firm promise yet. But city staff say they expect Ottawa to pay for at least 35 per cent of the total cost. The cost escalations come less than a month after the city council approved. The largest property tax increase in decades to help address a $1.8 billion structural budget deficit.
World Cup Tickets: Deputy Mayor Calls for Greater Oversight on Toronto’s FIFA 2026 Deal amid Cost Concerns
Toronto Deputy Mayor Mike Colle says the city assembly needs to convalesce the omission of the remaining negotiations on FIFA 2026 to avoid further cost increases. (Farrah Merali/CBC) Deputy Mayor Mike Colle supports holding the games. But is also worried about conceivable cost increases over the next two years. Councillors need more oversight of the remaining discussions, he said.
It’s been very remote from the council, he said of the FIFA deal. So, I know a few of us are very absorbed in getting more hands-on with this thing, given the financial impact. Last month, Chow’s decision-making group passed a motion to attain that better photograph. It will be cautious by the council this week. Instead of yielding city staff vicarious authority to speed up the collaboration of some remaining contracts. The mayor and council will have to be consulted on those deals over $500,000.
Colle specified that the city must also method the business community to donate to sponsorships. He said that we’ve got to be more violent with the mayor’s help and reach out to some of the business. And business interests that would benefit from this happening in Toronto. York University advertising instructor Vijay Setlur said he hopes councillors can see hosting the games will have benefits.

FIFA 2026 Tickets: Long-Term Benefits Weighing Toronto’s FIFA Investment
He predicts the games will boost tourism in 2026 and continue to do so over the long term as the city gains exposure on the world stage. We have to look at this from a short, medium and long-term viewpoint, not just the short-term expenditure, which is kind of myopic, in my estimation, he said. In the end, as the saying goes, you have to spend money to make money. And that means the return will not always be in the short term.
Setlur has done mentioning work for CONCACAF, soccer’s management body for North, and Central America and the Caribbean. And with over two years to go before the games he reasons, there is still time to work on more public benefits that can last outside the games. I’d like to think in the next two years that to make the deal more palatable to people who are on the opposite side.
More preparation and more work could be done to improve the bequest post-FIFA World Cup staging, he said. David Roberts, a subordinate professor of urban studies at the University of Toronto, studied the impact FIFA 2026 had on South Africa when it presented the event in 2010. He worked mainly with relegated groups like street traders, homeless youth and survival fishermen who were hoping to see spillover effects from the tournament.
World Cup Tickets: Concerns Rise over FIFA 2026 Hidden Costs and Social Impact in Toronto
What I found is that usually doesn’t happen, he said. Most often, the World Cup aggravates disparities, worsens the worst forms of redevelopment and usually comes with some violent forms of policing, especially for those who are visibly poor in public spaces. Roberts said he’s worried about the secrecy neighbouring the deal and the incomplete long-term community benefits in what info has been made public so far.

There’s still time to create additional benefits and involve relegated communities, but that exertion needs to begin now, he said. Sure, it’s a fun party, he said. But if we want something more than just having a fun gathering, we have to put in the work. And I haven’t yet seen that work, to be honest. Even the details of these new estimated costs are pretty scant.
Soccer fans worldwide eagerly forestall the World Cup, particularly after the exciting manifestation of Euro 2024. The upcoming FIFA tournament, set to take place across the American landmass, will principally be hosted in the United States, talented a unique knowledge for players and fans. However, a growing concern might prevent some fans from attending the games.
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