Sports and Competition
Sports and Competition
Tue, December 10, 2024
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FIFA estimates $3.8 billion benefit for Canada as 2026 World Cup co-host
- A FIFA economic impact assessment estimates the 2026 FIFA World Cup will contribute up to $3.8 billion in "positive economic output" for Canada as a host nation.
The article from CBC Sports discusses the economic benefits anticipated from hosting the 2026 FIFA World Cup in Canada, as part of a joint bid with the United States and Mexico. Canada Soccer has highlighted that hosting the tournament could generate significant economic activity, with estimates suggesting that the event could contribute billions to the Canadian economy. The benefits include increased tourism, infrastructure development, and global exposure for the host cities. However, the article also notes concerns about the costs involved, including the need for substantial investments in stadiums and other facilities. There's also mention of the potential for a legacy in terms of sports development and community engagement, although the exact economic impact remains speculative and depends on various factors like the number of matches hosted and the level of infrastructure investment.
Read the Full CBC.ca Article at:
[ https://www.cbc.ca/sports/soccer/world-cup-2026-canada-fifa-economic-benefits-1.7406435 ]
Read the Full CBC.ca Article at:
[ https://www.cbc.ca/sports/soccer/world-cup-2026-canada-fifa-economic-benefits-1.7406435 ]
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