Canadian airports: 194,000 direct jobs, $48 billion in direct economic activity

0

A new economic impact study released by the Canadian Airports Council (CAC) today shows that Canada’s airports provide 194,000 direct jobs, $19 billion to the national GDP and $48 billion in direct economic activity. They also provide municipal, provincial and federal governments $6.9 billion in tax revenues each year.

“The economic contribution of Canada’s airports reinforces the importance of our industry to the economy,” said Daniel-Robert Gooch, president of the CAC. “Canada’s airports are essential to Canada’s transportation network and an important facilitator of economic development. The connectivity provided by Canada’s airports helps to attract tourists, facilitates trade and investment, and contributes to the growth of the economy.”

Economic Impact Highlights:

 

Impact

Employment

Wages

GDP

Output

Direct

194,000

$13 Billion

$19 Billion

$48 Billion

Indirect

99,000

$6 Billion

$10 Billion

$20 Billion

Induced

62,000

$3 Billion

$6 Billion

$11 Billion

Total

355,000

$22 Billion

$35 Billion

$79 Billion

 

While Canada’s airports significantly contribute to employment and economic development in the country, air passenger traffic has reached record levels. The number of travellers grew from 66 million in 1988 to more than 140 million in 2016. Over the next 10 years, traffic is projected to increase by another 50 per cent or an additional 75 million passengers.

Tomorrow, senior executives from more than two dozen airports across the country will be in Ottawa to meet with parliamentarians to discuss the growth they are experiencing, the investments they are making to facilitate the flow of passengers and goods, and the pressure that is being placed on some federal government services at their airports.

The Economic Impact Study was complied by InterVISTAS Consulting.

Juergen Thomas Steinmetz has continuously worked in the travel and tourism industry since he was a teenager in Germany (1979), beginning as a travel agent up through today as a publisher of eTurboNews (eTN), one of the world’s most influential and most-read travel and tourism publications. He is also Chairman of ICTP. His experiences include working and collaborating with various national tourism offices and non-governmental organizations, as well as private and non-profit organizations, and in planning, implementing, and quality control of a range of travel and tourism-related activities and programs, including tourism policies and legislation. His major strengths include a vast knowledge of travel and tourism from the point of view of a successful private enterprise owner, superb networking skills, strong leadership, excellent communication skills, strong team player, attention to detail, dutiful respect for compliance in all regulated environments, and advisory skills in both political and non-political arenas with respect to tourism programs, policies, and legislation. He has a thorough knowledge of current industry practices and trends and is a computer and Internet junkie.