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hgc_economic_impact_study

hgc_economic_impact_study

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Published by crest
Halifax Gateway Council
Economic Impact Study
Halifax Gateway Council
Economic Impact Study

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Published by: crest on Jan 03, 2009
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05/09/2014

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strategic transportation& tourismsolutions
Halifax Gateway Council
Economic Impact Study 
Prepared for 
November 2005 
Final 
Report 
 
Halifax Gateway Council Economic Impact StudyPage November 2005 
Table of Contents
Executive Summary............................................................................................................................iii1.0Introduction.............................................................................................................................1
1.1Background..................................................................................................................................11.2What is Economic Impact?..........................................................................................................21.3On-going, One-time and Micro Economic Impacts....................................................................31.4Report Outline..............................................................................................................................3
2.0Overview of the Halifax Gateway.........................................................................................5
2.1Airport...........................................................................................................................................52.2Port...............................................................................................................................................82.3Rail..............................................................................................................................................132.4Trucking......................................................................................................................................16
3.0Methodology.........................................................................................................................19
3.1Scope of the Study: The Halifax Gateway Logistical Chain....................................................193.2Surveying and Estimating Direct Employment.........................................................................203.3Person Years.............................................................................................................................213.4Economic Impact Multipliers.....................................................................................................21
4.0On-going Economic Impact: Direct Employment............................................................23
4.1Port.............................................................................................................................................234.2Airport.........................................................................................................................................244.3Rail..............................................................................................................................................254.4Trucking......................................................................................................................................264.5Total Direct Employment Impacts.............................................................................................27
5.0On-going Economic Impact: Multiplier and Tourism Impacts.......................................29
5.1Multiplier Economic Impacts of the Halifax Gateway...............................................................295.2Economic Impact of Tourism Spending....................................................................................30
6.0On-going Economic Impact: Tax Impacts of the Halifax Gateway...............................32
6.1Summary of Tax Contributions.................................................................................................336.2Taxes by Level of Government.................................................................................................34
7.0Micro Impacts of the Halifax Gateway...............................................................................36
7.1Passenger Air Services at Halifax International Airport...........................................................367.2Container Ship Micro Impacts...................................................................................................427.3Cruise Ship Micro Impacts........................................................................................................45
8.0One-Time Economic Impact: Capital Investment by Halifax Gateway Businesses...49
8.1Major Halifax Gateway Capital Projects...................................................................................498.2One-time Economic Impact of Capital Investment...................................................................50
 
Halifax Gateway Council Economic Impact StudyPage iNovember 2005 
9.0Summary................................................................................................................................52
9.1On-going Economic Impact of the Halifax Gateway................................................................529.2On-going Economic Impact of Tourism Spending Facilitated by the Halifax Gateway.........529.3On-going Tax Impacts of the Halifax Gateway........................................................................529.4On-going Micro Impacts of Select Gateway Services.............................................................539.5One-Time Economic Impact of Capital Investment.................................................................53
Appendix A: Employment Survey...................................................................................................55Appendix B: Inferring Employment.................................................................................................57Appendix C: Calculation of Trucking Impacts...............................................................................60Appendix D: Hotel Employment.......................................................................................................61Appendix E: Tax Calculations..........................................................................................................62

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