Canada is competing in the 2026 FIFA World Cup, jointly hosted in the United States, Mexico, and Canada. The tournament runs from June through July, with the final on July 20. Canada's national team has never won the World Cup and has not advanced past the group stage in modern competition. The current 1% odds reflect a significant challenge against established powerhouses like France, Germany, Brazil, and Argentina. Canada's most recent World Cup appearance was Qatar 2022, their first tournament in 16 years, which ended in group elimination. The team's historical performance combined with elite talent concentration among traditional contenders makes Canada a substantial underdog. The 1% price suggests traders view Canada's championship path as highly unlikely but not impossible—tournament soccer produces occasional surprises, though sustained deep runs by non-traditional winners remain statistically rare. Market odds may shift as the tournament approaches based on team performance, injury reports, and bracket dynamics.