"We'd really like you to sign your cheques, he said. Whoever is listening from the provincial government, this is not just for the city of Toronto. The provincial and federal government are going to see a lot of tax dollars."
"They're not staying here in the city of Toronto despite the significant cost associated to the city, she said."
"The total budget for the six matches is $380 million, with the city putting in nearly $180 million and the federal government committing about $104 million."
Toronto will host six FIFA World Cup matches at BMO Field, temporarily renamed Toronto Stadium. The city is awaiting a $97 million contribution from the Ontario government to complete a $380 million budget for the matches. The city plans to contribute nearly $180 million and the federal government has committed about $104 million, with the province expected to cover the remainder. City councillors urged the province to finalize funding and emphasized that visitor spending will generate significant tax revenue. FIFA projects a $1.3 billion positive economic output for Toronto. The provincial office was asked for comment.
Read at www.cbc.ca
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