The Economic Impact of Canada’s National, Provincial and Territorial Parks in 2009
Spending on park programs by the Canadian federal, provincial, and territory governments and by parks visitors has a substantial impact on the Canadian economy, creating jobs, generating income for local businesses and producing recurring tax revenue for governments.
Canada Parks Council. (2011). The Economic Impact of Canada’s National, Provincial and Territorial Parks in 2009. Stella, ON: Outspan Group Inc.
This report measures the economic impacts to the Canadian economy generated by spending in fiscal year 2008/09 by park organizations and parks visitors.
Parks organizations spent $0.8 billion and visitors to parks spent $4.4 billion in 2009. The economic impacts to the Canadian economy generated as a result of this $5.2 billion in spending attributed to Canada’s national, provincial and territorial parks are: Gross Domestic Product (GDP) $4.6 billion; Labour Income $2.9 billion; Employment 64,050 full time equivalents; Tax Revenue $0.3 billion.
The GDP impact of $4.6 billion is a measure of the value added which is retained within the country from the expenditures made by park organizations and park visitors. Labour income comprised sixty-three percent of this impact - $2.9 billion; and over 64,000 fulltime equivalents of employment, with many of these jobs in rural and remote regions of Canada. The study also indicates that 44% of the $0.8 billion spent by governments on parks in 2008/09 was returned in tax revenues that exclude income tax.
These national impacts are derived almost equally from spending associated with federal parks (Parks Canada) and with provincial/territorial parks.