Toronto is four years away from hosting games for the 2026 World Cup, but the price tag for the event has already gone up $10 million, according to a new city report.
The estimated cost of hosting five games in Toronto is now projected to be approximately $300 million by 2026.
The provincial and federal governments are expected to cover approximately two-thirds of this amount. However, detailed financial commitments have not yet been secured.
According to the report, which heads to Mayor John Tory’s executive committee next Tuesday, the costs are expected to be partially offset through access to commercial rights and other revenue opportunities
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