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Royal Canadian Bank: 2026 World Cup brief economic boost
It is expected that Canada's hosting of the World Cup will add 0.1% to the GDP in the second and third quarters of 2026, although the impact will be temporary and mainly concentrated in the arts, entertainment, hospitality, and retail sectors. Nevertheless, financial pressures on households, along with instability in the real estate and economic markets, may limit the extent of the recovery, as all eyes are on the fact that the event's effect will not last, and there will be a focus on sustaining economic growth and market employment.
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