Ontario Govt to Provide Toronto with $100M To Host FIFA World Cup
The Ontario government is set to provide Toronto with up to $97 million in conditional funding for the 2026 FIFA World Cup.
This funding is designated for public infrastructure projects that will benefit the community post-event. The federal government is also expected to match this commitment.
“I’m excited the World Cup is coming to Toronto in 2026,” Mayor Olivia Chow, while also expressing her pleasure with the provincial funding and her confidence in federal support.
However, there have been concerns over the costs, with comparisons to the 2015 Pan American games.
Toronto plans to host at least five World Cup games at BMO Field when Canada, Mexico and the United States host the next world soccer tournament together.
The possibility of Toronto hosting five World Cup matches have hinged on support from the provincial and federal governments, with city staff previously saying they were confident the costs could roughly be split three ways. Maple Leaf Sports and Entertainment (MLSE) leads the project, with a contract that covers financial safeguards for cost overruns.
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