Toronto could hike hotel tax to help pay for FIFA World Cup costs

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Toronto could hike hotel tax to help pay for FIFA World Cup costs
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It could soon cost a little more to stay in a Toronto hotel as the city is now considering a temporary hike to its Municipal Accommodation Tax as a way of helping to offset the cost of hosting the FIFA World Cup.

The cost of hosting six World Cup matches in Toronto in 2026 is pegged at $380 million but approximately $201 million of that is coming from the provincial and federal governments.

“It is anticipated that any potential impacts on hospitality operators will be largely offset by increased room demand and related visitor spending in the lead up, during, and following the FIFA World Cup 2026, as well as substantial future benefits due to Toronto’s global visibility gained from hosting the FIFA World Cup,” the report states.

Staff were previously asked to study a variety of revenue tools that could be used to help offset the cost of hosting the World Cup. 'We promise to be better': N.S. firefighter club criticized after group in KKK costumes attends Halloween dance An Oxford County retirement residence at the centre of a fraud investigation has announced it will be closing its doors next month, leaving residents and their families with just a couple of weeks to find alternate accommodations.Car slams into house in Ruthven, one person charged

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