Toronto will receive $104 million in funding from the federal government to assist in hosting six matches at the 2026 FIFA World Cup. Toronto Mayor Olivia Chow and federal Sports Minister Carla Qualtrough made the announcement at BMO Field, the venue for the matches, with Ontario’s Minister of Tourism, Culture and Sport Neil Lumsden also present.

Mayor Chow expressed gratitude for the funding, emphasizing its role in ensuring Toronto’s successful hosting of the World Cup, which will bring economic opportunities, cultural enrichment, and community pride. The provincial government had previously allocated $97 million for the event.

Hosting the World Cup is expected to cost Toronto $380 million, with the city anticipating significant economic, cultural, and community benefits, including the creation of over 3,500 jobs. The tournament, scheduled from June 12 to July 2, 2026, will see Toronto host six matches, including the opening match of Canada’s Men’s National Team.

The event, co-hosted by Canada, the United States, and Mexico, is estimated to contribute over $1.2 billion to Canada’s GDP, with Vancouver also hosting games. However, the cost of hosting seven matches at BC Place Stadium has been projected to reach $581 million, more than double the initial estimate.