Blogs

Cost of hosting World Cup in Vancouver doubled to over half a billion

May 1, 2024 | Local News

May 1, 2024

The projected cost for British Columbia to host part of the 2026 FIFA World Cup has risen substantially, now estimated to be between $483 million and $581 million, compared to initial estimates of $240 million to $260 million. Vancouver, one of the host cities, anticipates significant economic benefits from hosting seven matches, including increased tourism and economic activity. Despite concerns over the increased costs and lack of transparency regarding agreements with FIFA, officials remain optimistic about the potential positive impact on the local economy, with the federal government also pledging $116 million to support operational and construction costs.

By contrast, when Toronto first pitched the games in 2018, a city report estimated the cost at between $30 million and $45 million. Later in 2022, those cost projections would balloon to about $300 million. Now it sits at approximately $380 million.

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

Canada’s Largest Reggaeton Block Party Returns to Vaughan

Toronto’s biggest Reggaeton weekend is about to take over Vaughan once again. The “I Love Reggaeton” Block Party returns to Assembly Park, bringing together over 2,000 people for what has become one of the most talked-about Latin summer events in Canada. And right...

Events

Related articles