FIFA 2022/2026: a Tale of Two Cities

First, a quick test: Where were the last FIFA games held? What did you learn about the CITY where the games were held? What did you learn about the REGION where the games were held? When the games were over, did you plan a visit or make investments in the city, region, country?

Some may remember FIFA 2022 was held in Doha, Qatar, but I doubt many Vancouverites, British Columbians or Canadians remembered much more than that … certainly not enough to invest or visit the place.

I recall, from TV coverage, how rich the place seemed, with luxurious sports venues, gold-star hotels and very high end indoor shopping malls … all quite fitting for one of the wealthiest per-capita nations on earth, built on massive exports of oil and gas revenues. (No pipeline blockades or coastal oil tanker ban there!!!)

But there were also many reports/stories/revelations about the use/abuse of hundreds of thousands of foreign migrant workers.

“Human rights organizations reported grueling working conditions in extreme heat, unpaid wages, and the confiscation of passports. Investigations highlighted thousands of unexplained migrant worker deaths, though Qatari authorities claimed only a small fraction were directly work-related,” the BBC reported.

Qatar, of course, is a dictatorship… a monarchy ruled by the Al Thani family. No political parties are legally allowed in the country, so there is no Opposition Leader, no Question Period, no free media and no cheeky bloggers!

Qatar was a FIFA paradise! And so was Russia, host for the 2018 FIFA World Cup.

Vancouver, British Columbia, Canada are quite different … thankfully!

The Parliamentary Budget Officer has revealed the estimated PUBLIC cost (all levels of government) for hosting 13 FIFA games will top One Billion dollars … or $82 Million per game. (That’s the estimate: I predict the figure will be considerably higher once all the security bills… and all the “unanticipated overtime’ run up by the cops … piles up.)

Ka-ching! Ka-ching! Ka-ching!

Easy for Qatar and Russia to absorb, control and suppress: no public outcry there.

But here, we’re watching … and should be mortified at the politicians who got us into this mess, being held at the same time that the BC government put “on hold” plans to add 160 critically-needed more beds and a cancer center at Burnaby Hospital; postponed announced plans for seven long-term care homes in Abbotsford, Delta and Chilliwack; delayed the  student housing expansion at the University of Victoria: and will “slow down” its plans for housing investments.

“Seniors are dying in hospital beds waiting for long-term care as B.C. waitlists span years,” read the headline in The Vancouver Sun just days ago.

“Statistics provided by (Health Minister Josie) Osborne during debate on the budget for her ministry show that 7,829 seniors are on waitlists for long-term care beds in B.C.”

“The wait time in the Island Health region averages 345 days, with some seniors waiting as long as 1,861 days. The situation is even worse for some in Vancouver Coastal Health with the maximum wait hitting 2,825 days. The average wait time in the health authority is 315 days. Northern Health has the highest average wait time at 376 days,” The Sun reported. (Read the full story: https://vancouversun.com/news/seniors-dying-hospital-beds-waiting-for-long-term-care-bc-waitlists-span-years.)

This, despite the BC NDP government still running up a deficit this year alone of $13 Billion!

How can the politicians (municipal, regional, provincial, federal) find more than a Billion dollars of taxpayers’ money for FIFA soccer games while so many of the people they’re pulling those dollars from can barely afford rents, groceries, other essential services or, worse, can’t get the essential health care they need … and deserve!

Harv Oberfeld

πŸ‡¨πŸ‡¦πŸ‡¨πŸ‡¦ Buy Canadian! More than ever β€¦πŸ‡¨πŸ‡¦πŸ‡¨πŸ‡¦

(Follow @harveyoberfeld on “X” for FREE First Alerts to new postings on this BC Blog.)

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Oil Corporations Profit from Consumers’ Suffering!

Canada needs a Windfall Profits Tax for Oil Companies using the Iran War to shake down consumers.

Sunday afternoon, I spotted a “deal” … gasoline “on sale” at Petro-Canada in Vancouver for $2.17.9 per litre … down 5 cents a litre from the price in the morning!

And while I was pumping my $48 purchase for only 22 litres (can’t afford to “fill up” anymore), I wondered how Canadian oil producers, selling Canadian gasoline in Canada to Canadian customers can justify charging “world” prices.

After all, Saudis still are paying 62 cents a litre (US) … not “world” prices; Kuwaitis pay 34-cents a litre (US) … not “world” prices; and, Venezuelans onle pay 3.5 cents a litre (US) … Yes, 3.5 cents a litre!!! (Read the whole world list, as of May 11, here: https://www.globalpetrolprices.com/gasoline_prices/).

Canadians are being ripped off!!!

And most oil companies are now profiting HUGELY from Canadian consumers’ suffering!

Petro-Canada made a profit of $1.79 Billion in 2025, up from $1.76 Billion in 2004, according to Petroleum News. And that does NOT include any ADDITIONAL profits the company has made since the beginning of this year, with prices almost doubling during the current “crisis”.

“Canada’s Big Five awash with profits”, the Petroleum newsletter reported.

“The profit breakdown shows: Imperial Oil C$2.6 billion (C$2.05 billion in 2004), Shell Canada C$2.01 billion (C$1.29 billion in 2004), Husky C$2 billion (C$1.01 billion in 2004), Petro-Canada C $1.79 billion (C$1.76 billion in 2004) and Suncor Energy C$1.25 billion (C$1.09 billion in 2004),” it revealed. (Read the full article here: https://www.petroleumnews.com/story/2006/02/19/news/canadas-big-five-awash-with-profits/9894.html. )

The Financial Post predicts Canadian oil producers will cash in big-time in 2026 as a result of the Iran war.

“As for energy producers, 2026 could be a windfall year, as higher prices raise cash flow and profits. Using average oilsands breakeven costs and the futures price expectations above, a single facility producing 100 million barrels per year could see $3-$4 billion in incremental profits,” FP reported just weeks ago. (Details: https://financialpost.com/opinion/numbers-oil-price-windfall.)

In fact, Suncor, apparently Canada’s “largest integrated oilsands producer” has already reported first-quarter profits of $2.1 Billion … UP almost 24% from the same quarter in 2025.

The US parent company of Shell Canada’s first-quarter profit “beat estimates and hit its highest in two years at US$6.9-billion on Thursday, boosted by gains linked to the Middle East war, prompting it to raise the dividend by 5 per cent,” the Globe and Mail revealed last week.

Imperial Oil, however, reported lower first-quarter profits, but that was due to disrupted “throughput” operations, due to technical problems.

The federal government is also cashing in on the higher prices/profits. Although the Liberals cut the federal gasoline tax, it still is cashing in BIG TIME from the higher taxes on the higher profits reported by the corporations.

It’s time to do something for the people.

The federal government should introduce a Windfall Profits Tax to curb the Great Canadian Consumers Ripoff where oil companies are cashing in by excessively squeezing Canadians to the tune of BILLIONS more profits!

The Iran conflict looks likely to continue for quite some time, and even after it ends, it will take many months before global trade returns to any semblance of normality.

How many more EXTRA BILLIONS will the federal government let the oil companies rip off struggling Canadian consumers before it acts?

Time for the media to press for an answer … and action!

πŸ‡¨πŸ‡¦πŸ‡¨πŸ‡¦Happy Victoria Day!πŸ‡¨πŸ‡¦πŸ‡¨πŸ‡¦

Harv Oberfeld

(Follow @harveyoberfeld on “X” for FREE First Alerts to new postings on the Blog.)

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