See more Toronto Sun on Google — save as a Preferred SourceJosh Matlow says Toronto had a blast but the World Cup was a money-losing "mistake." The city's own detailed financial reporting on the World Cup is not expected until early next year. Portugal’s Cristiano Ronaldo celebrates during a 2026 World Cup match against Croatia at Toronto Stadium on July 2, 2026. Toronto city councillor Josh Matlow told his colleagues they have to "get real" about the financial "failure" of hosting the World Cup. Advertisement AdvertisementAdvertisement AdvertisementColle, the chairman of the city's World Cup subcommittee, was perhaps the angriest councillor in the room.