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FIFA World Cup 2026 & Your Wallet: How to Cash In Right Now

  The biggest sporting event in history is happening right now in Canada. Here's what it means for your money — whether you own property, rent, or just want to watch. The 2026 FIFA World Cup kicked off on Canadian soil on June 12 — and whether you've been following the matches or not, this tournament is already leaving a mark on Canadian wallets. Toronto and Vancouver are hosting games through July 19, and the economic ripple effects are very real: in hotels, short-term rentals, restaurants, and yes, your tax return. If you're a homeowner — especially in Toronto or the GTA — there's still time to benefit. And if you're simply a Canadian taxpayer, it's worth knowing exactly what this tournament is costing us, and what we're getting back. Here's everything you need to know about the FIFA World Cup and your money. The Big Picture: What This Tournament Is Worth to Canada FIFA projects that hosting the World Cup will contribute up to CAD $3.8 billion in eco...
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Canada Pauses Private Refugee Sponsorship Applications Until 2026


The Canadian government has announced a temporary pause on private refugee sponsorship applications from groups of five or more people and community organizations. This measure, effective immediately, will last until December 31, 2025. The decision aims to address the growing backlog of applications and improve processing times for both refugees and sponsors.

Immigration, Refugees and Citizenship Canada (IRCC) stated that the number of applications received annually far exceeds the available spaces for private refugee sponsorships. The government has set a target of admitting 23,000 privately sponsored refugees in its 2025-27 immigration plan, while the total refugee target for next year is just over 58,000 people. As of the end of October, there are over 85,000 pending refugee claims.

IRCC recognizes that this measure will impact the refugee sponsorship community and has pledged to work closely with partners and stakeholders to adjust to these changes and explore long-term improvements to the program. The pause will allow the system to catch up with the existing workload and ensure a more efficient and predictable refugee sponsorship process in the future.

For more information, visit the [IRCC website](https://www.canada.ca/en/immigration-refugees-citizenship/news/notices/temporary-pause-intake-refugee-sponsorship-applications-groups-five-community-sponsors.html).







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