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VICTORIA — There is less than a year to go before Vancouver is on the global stage hosting seven FIFA World Cup soccer games, and leaders are promoting the economic benefits of spending hundreds of millions of dollars on the international showcase.
A joint statement from B.C. Tourism Minister Spencer Chandra Herbert and Vancouver Mayor Ken Sim says one million additional out-of-province visitors are expected between 2026 and 2031, generating more than $1 billion in spending.
The statement says more than 18,000 jobs could be generated in that same period.
It says FIFA predicts that preparing for and hosting the tournament could contribute $1.7 billion in economic benefits for B.C., including a $980-million increase in gross domestic product and $610 million in “labour income.”
Sim says the city’s direct costs of hosting seven games “remain on track” after the budget ballooned in 2024.
Last year, organizers announced the estimated cost of hosting the event had more than doubled to between $483 million and $581 million, including costs for the city, the province and stadium upgrades.
Data provided by the province on Tuesday shows the cost of hosting has grown to an estimated range of $532 million to $624 million.
The gross costs are expected to be offset by $448 million to $478 million of estimated revenues and recoveries, which are higher than last year’s estimate, the government document says.
“After taking into account estimated revenues and recoveries, the province estimates the updated total net cost of planning, staging and hosting seven FIFA World Cup 26 matches in Vancouver to be within a planning range of $85 million to $145 million, a similar range to last year,” it says.
Royce Chwin, president of Destination Vancouver, says in the statement that hosting the games will have lasting benefits.
“FIFA World Cup 26 is more than a series of matches,” he says. “It’s a catalyst for economic activity, international visibility, and community pride. Hosting seven games will energize our downtown core, including hotels, restaurants, venues, and surrounding neighbourhoods.”
This report by The Canadian Press was first published June 24, 2025
The Canadian Press
