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Celebration capitalism in action: socialize the costs & privatize the benefits. In Canada, Vancouver & Toronto are paying for 13 World Cup matches with more than $1 billion in public money. There was never a public referendum on this. www.theglobeandmail.com/canada/artic...
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It’s expected to cost around $380-million to host six games in Toronto, while hosting costs could top $700-million in Vancouver
www.theglobeandmail.com
Vancouver, Toronto pay for World Cup with public money as U.S. host cities tap private sponsors
Jules Boykoff