Toronto Mayor Olivia Chow lamented the cost of the FIFA World Cup, saying that if she knew it would have cost so much she wouldn’t have made the choice to bid.
The original joint bid between Toronto and Vancouver to take part in the 2026 FIFA World Cup was made by Chow’s predecessor, John Tory, who called the opportunity “a good investment.”"It really is a once-in-a-generation opportunity," Tory said back in 2018 when the city was just a candidate. "This is a good investment for tourism, a good investment for sports, a good investment to put Toronto on the map.
Speaking with reporters Thursday, Chow said that council has to bear the responsibility of hosting the tournament regardless of the financial challenges.“I’m saddled with it,” she said when asked about the cost overruns. “I'm glad that we have this opportunity to host the FIFA World Cup. Would I want to see 380 million being spent on it? No.”Chow added that she would also have gotten a locked and signed deal with both the federal and provincial governments before making the bid.
Signage for the official brand and new #WeAre26 awareness campaign as Host City for FIFA World Cup 2026, photographed at BMO Field in Toronto, on Thursday, May 18, 2023.
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