Economic Impact provided by Canmac Economics Limited provides a comprehensive assessment of the airport’s contribution to the Nova Scotia economy.
Halifax Stanfield saw an increase of 1.0% in economic output. The lower economic multipliers reported by Statistics Canada for the province resulted in a slight lowering of the airport’s economic impact for 2019 compared to 2018 and resulted in a decrease of 3.6% in provincial GDP, 5.6% in labour income and 1.1% of employment.
Total economic value is calculated by measuring:
