Well if Vancouver isn’t in debt after the Olympics, the tourists will be. Spending in British Columbia (including debit and credit cards) soared 93 per cent compared to the same 17-day span last year, reaching $115 million US. Apparently, foreigners spent $6.8 million per day, between Feb. 12 and Feb. 28. Visa reported over 1 million transactions.
Unsurprisingly, visitors from the U.S. spent more than half of that ($61.1 million); the Chinese were next, spending $7.8 million; third on the list was the U.K., spending $5.1 million.
Congratulations to British Columbia. Don’t spend it all in one place.
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