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Taylor Swift's Toronto Concerts to Boost Local Economy by $282 Million

The Eras Tour is projected to bring significant economic benefits to Toronto through increased spending on hotels, dining, and local events.

  • Destination Toronto estimates $152 million in direct spending from Taylor Swift's Eras Tour, primarily driven by out-of-town visitors.
  • The total economic impact is projected to reach $282 million as the money circulates within the local economy.
  • Swift's concerts are expected to generate nearly $40 million in tax revenue across all government levels.
  • Hotel bookings have surged, with downtown Toronto seeing an 83% increase compared to last year.
  • Concerns have been raised about potential taxpayer costs due to increased city services required for the event.
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