Monday, February 16, 2026
ADVT 
National

Economic impact of Taylor Swift's Eras Tour in Vancouver estimated at $157 M

Darpan News Desk The Canadian Press, 26 Nov, 2024 10:55 AM
  • Economic impact of Taylor Swift's Eras Tour in Vancouver estimated at $157 M

Tourism body Destination Vancouver says Taylor Swift will bring an estimated $157 million economic impact to the city next week with the three final concert dates of the record-breaking Eras Tour.

Destination Vancouver says the forecast includes $97 million in direct spending on items including accommodation, food and transport.

It says the Eras Tour is expected to bring more than 150,000 Swifties to BC Place over the three shows from Dec. 6 to 8, and has resulted in more than 82,000 rooms booked across the region.

The tourism organization made the calculations with BC Pavilion Corporation, which operates BC Place,  and says 70 per cent of direct spending will be from out-of-town fans.

It says the economic boost will bring more than $27 million in total tax revenue for all three levels of government.

The Vancouver dates that close out Swift's two-year world tour come after six sold-out concerts at Toronto's Roger's Arena, which spanned two weeks and concluded Saturday.

Destination Toronto had estimated $152 million in direct spending, which was expected to grow to $282 million as the money continued to circulate. 

The Eras Tour has touched down in five continents and will have clocked nearly 150 performances by the time it's over. 

Destination Vancouver says fan events are planned across the city, including 13 Taylor Swift-themed lighting installations in the downtown core starting Friday and ending a week later on the day of the first show. 

"Destination Vancouver volunteers will be on hand to assist fans with directions and information over the concert weekend and to hand out special ‘Vancouver’ friendship bracelets," the organization says.

Mayor Ken Sim says in a news release about the economic impact that he is "thrilled" Vancouver was chosen to host the last stop on Swift's tour.

"This iconic event hasn’t just captivated audiences around the world, it has translated into a huge economic boost for every city it has visited, and Vancouver is no exception," Sim says. 

"Vancouver is proud to be a world-class city, and hosting an event of this scale only strengthens our place as a top-tier global destination."

Destination Vancouver says B.C. charities have also been "significantly boosted over the last month through donations of tickets and prize packages" via its Community Benefits Program, with the tickets auctioned or raffled to raise funds. 

MORE National ARTICLES

Two men dead after small plane crashes at northern Alberta airport

Two men dead after small plane crashes at northern Alberta airport
Mounties say two men are dead after a small plane crashed at an airport in a northwestern Alberta. The plane went down Tuesday on the grounds of the Peace River Airport. RCMP say a 30-year-old man who had been living Manning, Alta., and a 27-year-old resident of Australia died at the scene.

Two men dead after small plane crashes at northern Alberta airport

Statistics Canada says country posted $684M merchandise trade surplus in July

Statistics Canada says country posted $684M merchandise trade surplus in July
Statistics Canada says the country posted a merchandise trade surplus of $684 million in July. The result compared with a revised deficit of $179 million in June. The initial reading for June had shown a surplus of $638 million.

Statistics Canada says country posted $684M merchandise trade surplus in July

NDP pulling out of supply and confidence deal with Liberals

NDP pulling out of supply and confidence deal with Liberals
NDP Leader Jagmeet Singh has ripped up the supply and confidence deal with the Liberals that helped keep the minority government in power.  In a social media video posted Wednesday afternoon, NDP Leader Jagmeet Singh said he notified Prime Minister Justin Trudeau of the decision. 

NDP pulling out of supply and confidence deal with Liberals

Man arrested over two serious incidents near downtown Vancouver theatre

Man arrested over two serious incidents near downtown Vancouver theatre
Vancouver police say a man has been arrested in connection with two serious incidents in the downtown area. Police say on social media platform X, formerly known as Twitter, that the crime scenes are on Georgia Street near Homer and Hamilton streets.

Man arrested over two serious incidents near downtown Vancouver theatre

Veteran BC United legislator Mike Bernier to run as independent in fall election

Veteran BC United legislator Mike Bernier to run as independent in fall election
Veteran British Columbia legislator Mike Bernier will run in the fall provincial election as an independent instead of joining several former BC United candidates in running under the B.C. Conservatives banner. Bernier says he did not want to "bend" his morals and values by running with the provincial Conservatives, describing some of the party's candidates as holding views that are "anti-women's rights, anti-climate change" and "anti-First Nations."

Veteran BC United legislator Mike Bernier to run as independent in fall election

BOC interest rate cut welcome news for homeowners with variable-rate mortgages: experts

BOC interest rate cut welcome news for homeowners with variable-rate mortgages: experts
Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could still be a while yet before lower borrowing costs translate into a meaningful boost to sales activity. The central bank brought its key lending rate to 4.25 per cent on Wednesday amid softness in the economy and easing inflation.

BOC interest rate cut welcome news for homeowners with variable-rate mortgages: experts