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world-cup-to-spur-‘short-lived-bump’-from-tourism-spending:-bmo
World Cup to Spur ‘Short-Lived Bump’ From Tourism Spending: BMO

World Cup to Spur ‘Short-Lived Bump’ From Tourism Spending: BMO

Last updated: June 1, 2026 3:48 pm
By
The Canadian Press
1 Min Read
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World Cup to Spur ‘Short-Lived Bump’ From Tourism Spending: BMO

One of four giant LCD screens located around the pitch at BMO Field is shown as part of the stadium’s upgrades ahead of hosting six FIFA World Cup 2026 matches in Toronto, on March 24, 2026. The Canadian Press/Eduardo Lima

The 2026 FIFA World Cup is expected to spur a modest lift in gross domestic product in Canada, driven by tourism and hospitality spending, according to a new report from BMO Economics.

“The key point is there are real economic effects from a large sporting event or a large entertainment event like this,” said BMO chief economist Doug Porter in an interview.

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