World Cup expected to give Canada a short-term tourism boost

BMO Economics says the 2026 FIFA World Cup is likely to give Canada’s economy a modest, temporary lift through higher tourism and hospitality spending. The report estimates tourism gains of about $1 billion to $5 billion, with additional spending by residents adding another $500 million to $1.5 billion. BMO chief economist Doug Porter said the event should support growth, but only for a limited period. The biggest effects are expected in Ontario and British Columbia, where matches will be played. The report also noted that spending by international visitors is the clearest net benefit, while some domestic spending will likely be shifted from other activities rather than newly created. Canada is expected to host 13 games in Toronto and Vancouver, and the federal budget watchdog has said total public spending to host the tournament will be just over $1 billion.