Despite packed sports bars, Toronto’s World Cup hosting is yielding marginal economic gains, according to new data, with foreign tourist spending replacing some displaced domestic commerce.
The World Cup has been a bit of a miss for Toronto hotels. For other parts of the economy? It’s no Taylor Swift.
According to data released this week by payments processing giant Moneris, spending by international tourists in the Toronto area has been up in several key categories since the World Cup kicked off, but total spending by locals, domestic tourists and international tourist, has only been marginally higher than the rate of inflation.
Year-over-year occupancy rates drop in June for Toronto-area properties. Hotel association CEO say it's the same for all 16 World…
TORONTO - The 2026 FIFA World Cup is expected to spur a modest lift in gross domestic product in Canada, driven by tourism and…
"FIFA-related job growth, regardless of size, will likely be temporary and part-time," an RBC economist told the Star.
The city hasn’t said whether it has made up a $5 million funding shortfall
While Washington spins the latest economic data and billionaires hedge their bets, working Americans are feeling the very real…
Toronto is hosting six World Cup matches, but beyond football, the country's biggest city has major sports events to keep every…
