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News Release: Taxpayers Federation calls for transparency on World Cup costs

Author: Carson Binda 2024/02/28

VANCOUVER, B.C.: The Canadian Taxpayers Federation is calling on Vancouver Mayor Ken Sim to release updated cost estimates for the FIFA World Cup games scheduled for 2026. The CTF is also warning Toronto taxpayers that FIFA bills are spiralling in that city.

 

“Vancouver taxpayers deserve accountability when hundreds of millions are on the line,” said Carson Binda, British Columbia Director for the CTF. “Costs have ballooned in Toronto and Vancouver needs to be honest with its taxpayers about how much the soccer games are going to cost.” 

 

Recent financial estimates have blown past the initial budget in Toronto. In 2022, Toronto expected the total cost of hosting world cup games would be $290 million. That number has now ballooned by 31 per cent to $380 million

 

“Toronto taxpayers can’t afford to pay for soccer games that are almost a hundred million dollars over budget already,” Binda said. “That’s unacceptable when taxpayers are getting clobbered with higher taxes.”

 

Currently, the cost to host seven games in Vancouver is up to $260 million, however the provincial and municipal governments have consistently failed to produce updated cost estimates. 

 

“What are Premier David Eby and Mayor Ken Sim hiding?” Binda said. “They need to stop hiding the numbers and tell taxpayers how much these soccer games are going to cost us.” 

 

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