A so-called sweetheart deal that will see taxpayers foot the bill for cost overruns related to Toronto’s 2026 FIFA World Cup games was not “made known” to the city’s elected officials before it was signed, according to a new report.
A so-called sweetheart deal that will see taxpayers foot the bill for cost overruns related to
, which would see the city assume financial risk for the event, did not need council’s approval — and was binding. A February letter of intent promised that MLSE would be kept “whole” for its role as host, including reimbursements forThe deal was approved by city staff, who were authorized by council last July to negotiate on their behalf. Neither councillors nor the mayor were made aware of the specifics of the arrangement, according to the City Manager.
“It’s a cautionary tale, and councillors have to think long and hard before they delegate more and more power to the public service,” Councillor James Pasternak said. “It’s nothing against the public service, but we are popularly elected and we’re responsible for government, and we’re accountable for the decisions the city makes.
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