BMO economists have forecasted that the upcoming FIFA World Cup will generate a short-lived bump in tourism spending for host cities Vancouver and Toronto. However, they caution that the economic impact may be limited, as matches in both cities are not yet sold out with less than two weeks to go until the tournament begins.
Mixed Economic Outlook
The World Cup is expected to draw thousands of international visitors, boosting local hospitality, retail, and transportation sectors. Yet, BMO analysts note that the surge in spending is likely to be temporary, fading quickly after the event concludes. The lack of sold-out games raises concerns about consumer demand and overall economic benefits.
Other News Highlights
In other developments, a man awaiting trial in a fatal Brampton crash has been charged again with stunt driving in Mississauga. Toronto police are searching for a suspect after a man was found shot in the Fort York area. Meanwhile, 11 vehicles, including one belonging to a DoorDash driver, were impounded for excessive speed in Abbotsford.
A Mission ER will be closing overnight Sunday due to a doctor shortage. Danielle Smith pushed back against Manitoba premier’s comments as controversy grows over a prospective referendum question. Heavy rain arrived in Calgary, with more expected Monday and Tuesday, while Ottawa enjoys a sunny and warm start to June.
A man died after a canoe capsized on Upper Rideau Lake. Thousands of cyclists rode through Montreal in the 40th Tour de L’Ile. New data reveals which university teachers in Canada have the highest median salaries. Canada’s coach believes injured Alphonso Davies will play in the World Cup, but probably not the opener.
A cat festival connected people to furry friends. Christopher Liew outlines five credits and benefits that change once you turn 65. A Fredericton man died following an ATV crash. Thompson RCMP are looking for a missing 12-year-old boy. A wildfire that forced northern Saskatchewan residents out is calmer but still raging. Here are Regina and Saskatoon’s most expensive home listings. Shearing Day in Cambridge educated the masses on wool.
Top stories of the week include a family shaken after a daytime break-in, the Attorney General asked to review Ford’s comment, and an illegal online cannabis shop shut down. Two Ontario trappers were fined for abandoned bear and wolf. Five active wildland blazes remain in northeastern Ontario. An Oakville, Ont. couple donated $4.1M to Western University for brain health research. Lane restrictions on Wellington Road start Monday. Owen Sound residents were awakened by a deer crashing through a window. Barrie police search for three missing people. The Windsor Jewish Film Festival returns with a lighter mix after years of heavier themes. A fundraiser for cystic fibrosis was held Sunday in Windsor.
Former MP Kerry-Lynne Findlay was elected leader of the B.C. Conservatives. Saanich parents demand action after a crosswalk removal near Colquitz Middle School raised safety fears. A pair of Nova Scotia divers clean up garbage in the ocean, lakes, and rivers. Confirmed Ebola cases in Congo reached 282 as survivors describe their recoveries. Newark mayor imposed a curfew around Delaney Hall after clashes over an immigration detention center.
Politics and Business
Carney is set to outline how Ottawa plans to combat antisemitism and Jewish hate. Connected vehicle data 'can have intelligence value' to adversaries, according to a federal document. Sweden’s PM joked about Canada joining the EU, calling it a 'very welcoming club'. AI demand and tactics drive a surge in cargo theft, costing consumers more. Zara warns customers after a possible data breach.
Health and Entertainment
A clinical trial found that an injection eliminated tumors in some head and neck cancer patients. An oncologist reacted emotionally to pancreatic cancer drug results. Dutch health officials cleared a hantavirus ship to sail again. Hudson Williams won best lead performer in a drama, and 'Nirvanna' won best picture at the Screen Awards. How a Long Island beach helped launch Marilyn Monroe’s career. YouTuber box office boom: 'Backrooms' and 'Obsession' draw Gen Z to theaters.
Sports and Lifestyle
How dangerous is watching the World Cup in Mexico? Canadian midfielder Marcelo Flores will miss the World Cup following an ACL rupture. French capital hosts Paris Saint-Germain parade after clashes marred Champions League win. Don’t throw your phone away for a fuller life; three changes can give you more meaning. When Sue Tilley met Lucian Freud, it changed her life; a painting of her could fetch US$47 million. Milan restores bull mosaic’s testicles to former glory.
Climate and Sci-Tech
A pair of Nova Scotia divers clean up garbage in the ocean, lakes, and rivers. Humpbacks set a new distance record. A dead humpback whale was brought to shore in Denmark with a necropsy set next week. Malaysia requires social media age checks barring under-16 accounts. A violent volcanic eruption may have revealed a new weapon to tackle a potent planet-heating gas. AI helped a musician with Parkinson’s finish his new album when he could no longer play guitar.
