REGINA – A Regina consulting firm says Paul McCartney’s concert last month wasn’t just a fun night of memories and music, it delivered a big boost to the city’s economy.
McNair Business Development Inc. estimates the Aug. 14 show brought $9.4 million to the city’s Gross Domestic Product.
About $2 million of that was from tourism, as about half of the 41,000 people at the concert were from out of town.
Not including the price of the ticket, the company estimated each visitor spent $120 on things like food and hotel rooms.
In all 605 jobs were also created by the show, both directly and indirectly.
McNair senior economist Stephen Johnson says those include stage set-up and take-down work and food and drink vendors.
It’s also estimated that $3.9 million in taxes was collected because of the event on the federal, provincial and municipal levels.
Johnson says the McCartney show brought about the same economic benefit as the two Rolling Stones concerts in 2006 combined.
It is also comparable to the 2003 Grey Cup game between Edmonton and Montreal.