New Vancouver tax intended to chip away at FIFA World Cup costs
The price of hosting the FIFA World Cup is rising in Vancouver, and the province is using a new tool to help cover the costs.
In the fall, the city requested a temporary bump to the Municipal and Regional District Tax (MRDT) on short-term accommodations to raise funds.
Starting on Wednesday, overnight visitors to Vancouver will be required to pay an additional $2.50 on each $100 paid on a room.
“We’ve had FIFA come and do an initial assessment, and there’s going to be some work done on BC Place, and we have to look at security issues, of course, which is always an issue, and inflation,” said B.C. Finance Minister Katrine Conroy.
The event was initially slated to cost upwards of $260 million, and the province expects the new tax could garner $230 million over the next seven years.
Conroy told CTV News that after consulting with the City of Vancouver, Destination Vancouver and the local accommodation sector, they agreed to the 2.5 per cent tax on short-term accommodation sales.
The province says communities can apply for the tax for dedicated, time-limited support for eligible major, internationally recognized events that help bolster international visitation to the province.
“We’re so excited to be hosting the FIFA World Cup 2026, one of the world’s largest sporting events, here in Vancouver,” said Ken Sim, the mayor of Vancouver.
“Vancouver has welcomed the world on many occasions, but this global celebration of soccer and national pride is an extraordinary opportunity. The economic impacts and benefits to Vancouver will be felt in the leadup to the FIFA World Cup, throughout the event and long after the final whistle blows in 2026.”
Destination Vancouver is expecting the tournament will attract more than 250,000 visitors to the city, with approximately 50 per cent of them coming from outside of Canada and the United States.
Vancouver is among a group of North American cities that will host games in 2026, sharing the Canadian stage with Toronto.
CTVNews.ca Top Stories
Donald Trump indicted; 1st ex-president charged with crime
Donald Trump has been indicted by a Manhattan grand jury, prosecutors and defense lawyers said Thursday, making him the first former U.S. president to face a criminal charge and jolting his bid to retake the White House next year.
Police find 6 bodies, including 1 child, in St. Lawrence River
The bodies of six people, including one child, were found in the St. Lawrence River Thursday afternoon after an air search involving the Canadian Coast Guard, the Akwesasne Mohawk Police said.
House abandoned by couple who 'disappeared' years ago nightmare for neighbour on upscale street
A Toronto man, whose neighbours vanished eight years ago and left their home completely abandoned, said he's fed up living next door to a property that is in complete disarray.
'Nova Scotians' sense of safety was rocked': RCMP failures dominate inquiry's final report into 2020 mass shooting
A long list of failures by Nova Scotia RCMP leadership and policing systems dominate the final report into Nova Scotia's April 2020 mass shooting.
Lack of data on transit violence amounts to 'blanket of ignorance': Researcher
Canada needs standardized data on violence on transit systems to help tackle issues ranging from a lack of mental health supports to eroding public trust, say researchers, citing the recent stabbing death of a 16-year-old boy at a Toronto station as the latest example of random attacks on commuters.
Gwyneth Paltrow not at fault for ski collision, jury decides
Gwyneth Paltrow won her court battle over a 2016 ski collision at a posh Utah ski resort after a jury decided Thursday that the movie star wasn't at fault for the crash.
Meet the Canadian astronauts up for a seat on the Artemis II mission to the moon
This Sunday, NASA and the Canadian Space Agency (CSA) will announce the four astronauts that will be blasting off to fly around the moon for the Artemis II mission, one of whom will be a Canadian astronaut.
5 things to know for Friday, March 31, 2023
Donald Trump became the first former U.S. president to be charged with a crime, someone tried to break in to Prime Minister Justin Trudeau's national security adviser's residence, and the final report into Nova Scotia's 2020 mass shooting has been released. Here's what you need to know to start your day.
BREAKING
BREAKING | Rogers-Shaw deal gets final approval
Rogers Communications Inc's $26-billion takeover of Shaw Communications Inc. cleared the last regulatory hurdle Friday.
Vancouver Island
-
Father of man shot twice in head by RCMP in Duncan speaks out
The father of a Vancouver Island man who was shot twice in the head by police during a dramatic incident in Duncan, B.C., on Tuesday evening is questioning why such lethal action had to be taken by police.
-
'It's ridiculous': Langford mayor defends proposed 12% property tax hike
A proposed 12 per cent property tax increase for Langford residents isn’t sitting well with many.
-
Man sentenced to 4 years for fatal beating of homeless man in Campbell River, B.C.
A 32-year-old man from Campbell River, B.C., has been sentenced to four years in prison for the beating death of a 59-year-old homeless man in October 2020.
Calgary
-
Police investigation closes Highway 552 northeast of Okotoks, Alta.
RCMP blocked off a highway southeast of Calgary on Thursday night as part of an investigation.
-
Family, police search for missing Calgary man
A Calgary family wants nothing more than to hear from their missing member, as police turn to the public for help in the search.
-
Calgary woman charged in connection with LRT stabbing
Calgary police say a 31-year-old woman is charged with aggravated assault in connection with a stabbing that took place following a fight on an LRT platform.
Edmonton
-
Lack of data on transit violence amounts to 'blanket of ignorance': Researcher
Canada needs standardized data on violence on transit systems to help tackle issues ranging from a lack of mental health supports to eroding public trust, say researchers, citing the recent stabbing death of a 16-year-old boy at a Toronto station as the latest example of random attacks on commuters.
-
UCP candidate, slammed for comments on pornography in schools, quits
A candidate for the United Conservative Party in southern Alberta has resigned after she posted a video claiming children are being exposed to pornography in schools.
-
Meet the Canadian astronauts up for a seat on the Artemis II mission to the moon
This Sunday, NASA and the Canadian Space Agency (CSA) will announce the four astronauts that will be blasting off to fly around the moon for the Artemis II mission, one of whom will be a Canadian astronaut.
Toronto
-
Ontario minimum wage to increase to $16.55 per hour on Oct. 1
Ontario's minimum wage is set to rise to $16.55 an hour on Oct. 1.
-
Ontario parents drive over 5 hours to find baby formula for 8-month-old twins
An Ontario couple has had to drive more than five hours to find baby formula for their eight-month-old twins.
-
Accused TTC stabber released on probation for sex assault just before allegedly killing teenager
A 22-year-old accused of fatally stabbing a teenager at Keele Station over the weekend was released on a probation order just weeks earlier, tied to a sexual assault charge, court documents show.
Montreal
-
Police find 6 bodies, including 1 child, in St. Lawrence River
The bodies of six people, including one child, were found in the St. Lawrence River Thursday afternoon after an air search involving the Canadian Coast Guard, the Akwesasne Mohawk Police said.
-
Quebec cracks down on Airbnb after deadly fire as some continue to evade rules
The Quebec government's crackdown on Airbnb has upended Montreal's short-term rental market, leading some to welcome the changes and others scurrying to evade the new rules.
-
Donald Trump indicted; 1st ex-president charged with crime
Donald Trump has been indicted by a Manhattan grand jury, prosecutors and defense lawyers said Thursday, making him the first former U.S. president to face a criminal charge and jolting his bid to retake the White House next year.
Winnipeg
-
4 teens dead after crash involving semi-truck near Gilbert Plains: Manitoba RCMP
Four teenagers are dead, and another is in hospital with serious injuries after a crash near Gilbert Plains, Man. Wednesday night.
-
Donald Trump indicted; 1st ex-president charged with crime
Donald Trump has been indicted by a Manhattan grand jury, prosecutors and defense lawyers said Thursday, making him the first former U.S. president to face a criminal charge and jolting his bid to retake the White House next year.
-
'It's a major project': Southern Chiefs Organization takes possession of The Bay downtown
Plans to transform the vacant Hudson's Bay building in downtown Winnipeg are one step closer to reality.
Saskatoon
-
Some in Saskatoon 'flat out' refusing delivery of city's new green waste bins
Some Saskatoon residents have been refusing to accept the green carts when they’re delivered by the city, but that won’t save them from a monthly fee.
-
Charter challenge filed against Sask. government's disability program
The Regina Anti-Poverty Ministry filed a charter challenge against the provincial government for stipulations in its disability program that require seniors to take their Canada Pension Plan (CPP) money out early.
-
Sask. government hopes physician assistants will help take pressure off health care system
Legislation to license physician assistants has been introduced by the Government of Saskatchewan.
Regina
-
Charter challenge filed against Sask. government's disability program
The Regina Anti-Poverty Ministry filed a charter challenge against the provincial government for stipulations in its disability program that require seniors to take their Canada Pension Plan (CPP) money out early.
-
'Embarrassing and hurtful': Sask. woman denied service because of ‘cultural’ facial tattoo
A First Nation woman was denied service at a Prince Albert bar because of her facial tattoo.
-
'A long time coming': Saskatchewan’s look at the now-rejected Doctrine of Discovery
After demands stretched for years and years, the formally repudiated “Doctrine of Discovery,” has been officially rejected by the Vatican.
Atlantic
-
'Nova Scotians' sense of safety was rocked': RCMP failures dominate inquiry's final report into 2020 mass shooting
A long list of failures by Nova Scotia RCMP leadership and policing systems dominate the final report into Nova Scotia's April 2020 mass shooting.
-
'No question there need to be changes': PM responds to Nova Scotia mass shooting commission report
Prime Minister Justin Trudeau offered a brief initial response to the final report from the Mass Casualty Commission (MCC) into Canada's worst mass shooting, which claimed the lives of 22 people in Nova Scotia in 2020. Vowing changes will come, here's what Trudeau said in Truro, N.S.
-
Contentious Lucki call not political interference, Nova Scotia mass shooting inquiry finds
Gun policy comments made by then-RCMP commissioner Brenda Lucki in a contentious call to Nova Scotia RCMP officers after the mass shooting in 2020 did not amount to political interference, the Mass Casualty Commission (MCC) final report concludes.
London
-
Ontario minimum wage to increase to $16.55 per hour on Oct. 1
Ontario's minimum wage is set to rise to $16.55 an hour on Oct. 1.
-
Victim of Sarnia shooting in 'stable' condition
The victim of a shooting in Sarnia is in stable condition with non-life threatening injuries, according to police.
-
Old North residents say City Hall fix for infrastructure fell flat
Dozens of decades-old trees are at risk due to construction set to get underway in London’s Old North neighbourhood. Residents say not enough was done to keep them informed and seek their input.
Northern Ontario
-
Police find 6 bodies, including 1 child, in St. Lawrence River
The bodies of six people, including one child, were found in the St. Lawrence River Thursday afternoon after an air search involving the Canadian Coast Guard, the Akwesasne Mohawk Police said.
-
Legal expert weighs in on Sudbury murder trial verdict, next steps
As the dust continues to settle around Wednesday's verdict in the Renee Sweeney murder trial attention is now turning to what's next for the case. CTV News spoke to a legal expert and here is what he had to say.
-
House abandoned by couple who 'disappeared' years ago nightmare for neighbour on upscale street
A Toronto man, whose neighbours vanished eight years ago and left their home completely abandoned, said he's fed up living next door to a property that is in complete disarray.
Kitchener
-
'Thank you for playing': The ace of spades has finally been found in the Hagersville 'Catch the Ace'
After an elusive 45-week draw, the ace of spades has finally been found in the Hagersville ‘Catch the Ace.’
-
Freezing rain special weather statement issued for Waterloo Region
A special weather statement was issued Friday morning for much of Southwestern Ontario, including Waterloo region and surrounding areas.
-
Ontario minimum wage to increase to $16.55 per hour on Oct. 1
Ontario's minimum wage is set to rise to $16.55 an hour on Oct. 1.