Toronto Mayor Olivia Chow says the city is facing a nearly $40 million shortfall in money needed to host six FIFA World Cup matches next year, after a new report revealed that a substantial amount of funding pledged by the province will be used up for various services.
Chow said the city did not anticipate service costs — including “beautification” of transit stations and security — to absorb nearly one-third of the $97 million contribution pledged by the Ontario government.
“The city cannot afford to pay more than what it can pay now. We can’t go and find any more cash, we just don’t have it,” Chow told reporters at a news conference ahead of the city council meeting Wednesday.
What a scam.
