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World Cup Boosts Toronto’s Economy | Vancouver News
Description
Toronto’s World Cup hosting delivered a mixed economic story: while the city poured in $380 million and welcomed over 300,000 international visitors, spending spikes were modest—hotels up 18%, bars and restaurants 3%, groceries 6%, and apparel down 5%. Foreign tourists spent 34% more at eateries and 19% more on groceries, showing strong engagement. Compared to the massive 45% spending surge from the Taylor Swift Eras Tour, the World Cup’s impact was smaller—but experts say long-term gains could hit nearly $1 billion for the GTA, with 90% of visitors planning to return within two years.
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