But it will also come at a higher cost to taxpayers, which is expected to cost Vancouver about $250 million.
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Published February 5, 2024 • Last updated: 17 minutes ago • 1 minute read
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Vancouver and Toronto are expected to see a boost in tourism from the World Cup, but one expert is wary of rosy predictions.
FIFA announced Sunday that both cities will host 13 matches in total, including Canada's first Men's World Cup match in Toronto.
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The city says the event is expected to create thousands of jobs, attract more than 300,000 visitors and boost Canada's combined GDP by $1.2 billion.
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But it will also cost taxpayers more money, estimated to cost Toronto about $300 million in 2022 and Vancouver about $250 million.
Moshe Lander, a senior lecturer in economics at Concordia University, cautioned that the projected effects also don't take into account tourists who would have already visited these cities during the busy summer season.
He said he doubted how much the match would raise their profile, as both cities are already well-known around the world.
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