The World Cup was last held in the region at US 94, while Mexico hosted in 1970 and 1986.
The presidents of all three countries' soccer federations formally announced their bid in NY on Monday, declaring their intent to bring the world's biggest sporting event to North America for the first time since 1994 with the first ever three-country bid.
A decision on who will host the tournament will be made in 2020.
There has been one World Cup hosted by multiple nations - the 2002 tournament in Japan and South Korea. With Russia playing host to next year's World Cup and Qatar staging the 2022 event, both the European and Asian federations are ineligible for consideration to 2026, sidelining both England and China, which had previously expressed interest the tournament. It will take another month or so before Federation Internationale de Football Association even issues its technical specifications for the bid.
As of now, the process is quite simple as there are no competing bids to speak.
"I really thank Sunil's open mindedness and U.S. Soccer's open mindedness and Mexico's open mindedness", Canadian Soccer Association President Victor Montagliani said.
US President Donald Trump, who has vowed to build a wall at the US border with Mexico, reportedly supports the joint bid.
Mexico hosted the 1970 and 1986 World Cups while the 1994 tournament was held in the USA and remains the most highly attended World Cup ever.
Organizers say 10 games would be played in Canada, while the final would be held in the U.S. The 2018 men's World Cup is set for Russian Federation with the 2022 tournament headed to Qatar.
In addition to the 2015 Women's World Cup, Canada has also hosted the 2014 U-20 Women's World Cup, the 2007 U-020 Men's World Cup, and the 1997 U-16 Men's World Cup (now a U-17 event). "We've hosted nearly every other event".
The next location for the showcase soccer tournament will be Russian Federation in 2018, followed by Qatar in 2022.
There are still plenty of logistical hurdles for the three countries to overcome, including travel over such a large area.
"We have the luxury of being able to pick from stadiums and cities", said Gulati.
The three countries have vastly different qualifying histories. Mexico has played in 15 World Cups, the most of any CONCACAF nation.
"So in all of our cases, we have stadiums that have exist for professional teams or other events". FIFA's new bidding procedure encompasses four stages, beginning next month with the strategy and consultation phase during which prospective host nations lay out their plans for the event.
The biggest one could be that a bid among three countries has never been done before.
"We're in favour of more venues than less", Gulati added - a signal matches in Canada could be spread across stadiums beyond those located in Toronto and Vancouver.
In 2022, the plan is now for the event to take place in Qatar.