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'Not good for the economy': MPs call on federal government to regulate resale concert tickets

'Not good for the economy': MPs call on federal government to regulate resale concert tickets

CTV
Friday, November 22, 2024 11:52:21 AM UTC

Ticket fraud and sky-high prices for Taylor Swift concerts have some politicians calling for changes to the way tickets are sold in Canada.

Ticket fraud and sky-high prices for Taylor Swift concerts have some politicians calling for changes to the way tickets are sold in Canada.

"A lot of families are looking forward to this event and the fun they would have, and they feel shut out of the process," Brian Masse, NDP critic for innovation, science and industry and MP for Windsor West, told CTV News Toronto.

In a letter to Francois-Philippe Champagne, federal minister of innovation, science and industry, Masse called for a crackdown on price gouging.

"The arrival of Taylor Swift's popular 'Eras Tour' concerts in Canada has highlighted your government's failure to take on price gouging in the ticketing and entertainment industry. Moms who have saved up for a gift their kids and hard-working young people struggling to get ahead have been heartbroken to find out they cannot afford tickets," the letter reads.

"Instead, scalpers and bots have been allowed to scoop up these highly sought after tickets and resell them for thousands of dollars each – far out of reach for ordinary people."

Masse implored the federal minister to investigate Ticketmaster and the ticketing industry at large, adding to "take immediate action to work with provinces to crack down on scalper bots and resellers."

"It's not good for artists, it's not good for the economy, and it only helps underground elements that get revenue through this," Masse said.

Read full story on CTV
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