Ontario Investing $1.5 Million to Support 2026 RBC Canadian Open in Caledon
2026 RBC Canadian Open expected to generate major tourism and economic impact in Ontario
TORONTO — The Ontario government is investing $1.5 million to support the 2026 RBC Canadian Open at TPC Toronto at Osprey Valley in Caledon, as the province looks to strengthen tourism, attract international visitors and grow Ontario’s sport economy.
The province says the tournament is expected to attract more than 130,000 attendees and generate approximately $84 million in economic activity across Ontario’s tourism, hospitality and event sectors.
“For over 100 years, the RBC Canadian Open has been a cornerstone of the Canadian sport calendar, and Ontario is proud to host this tradition once again,” said Sport Minister Neil Lumsden.
One of golf’s oldest tournaments returns to Caledon
Established in 1904, the RBC Canadian Open is the third-oldest continuously running tournament on the PGA Tour. The event returned to TPC Toronto at Osprey Valley in 2025 and will again be hosted at the Caledon venue in 2026.
According to the province, the 2025 tournament generated more than $65 million in economic activity for Ontario, with significant benefits flowing to:
- Hotels and accommodations
- Restaurants and hospitality businesses
- Transportation services
- Event and tourism operators
Officials estimate the 2026 event could generate as much as $100 million nationally.
Tourism and local business benefits
The province says the funding is part of a broader strategy to support major sporting and entertainment events that drive tourism and create jobs across Ontario.
Tourism, Culture and Gaming Minister Stan Cho said events like the RBC Canadian Open help showcase Ontario as a destination for international sports and entertainment.
“The RBC Canadian Open is more than a premier sporting event. It’s a major tourism and economic driver that brings visitors to our communities, supports local jobs and showcases Ontario on a global stage,” Cho said.
Ontario is also contributing an additional $125,000 through the Experience Ontario 2026 Program to support the event.
Golf Canada welcomes provincial support
Golf Canada CEO Laurence Applebaum praised the province’s continued support for the national championship and its impact on Canadian golf and tourism.
“Hosting Canada’s National Open Championship in Ontario has been extremely impactful for participating athletes, host venues, for our economy and for all the fans and event enthusiasts who make the RBC Canadian Open a significant event on the Canadian sport landscape,” Applebaum said.
Sport investments continue across Ontario
The funding announcement builds on broader provincial investments in sport and recreation infrastructure, including:
- More than $54 million invested in Ontario’s sport and recreation sector in 2025
- A $500 million Community Sport and Recreation Infrastructure Fund supporting facility upgrades and new projects across Ontario
Dufferin-Caledon MPP Sylvia Jones said hosting the event for a second consecutive year will help showcase the region while supporting local businesses and tourism operators.
The province says continued investments in major sporting events are intended to strengthen local economies, increase domestic tourism and reinforce Ontario’s position as a leading destination for international competitions.
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