Council OKs hiking hotel tax to help cover FIFA World Cup hosting costs | CBC News
Briefly

The city council's decision to increase the hotel tax from 6% to 8.5% is aimed at raising $56 million for FIFA World Cup 2026 costs.
Councillor Shelley Carroll emphasized that the hotel tax increase, which applies to all accommodations, is a user-pay model for World Cup expenses surging to $380 million.
Opposition from hotel associations highlights fears of reduced competitiveness against nearby accommodations due to the higher tax rate during the World Cup.
The initial cost projection for hosting the games in 2018 was between $30 million and $45 million, which has now ballooned to $380 million.
Read at www.cbc.ca
[
|
]