Economic Impact of Winnipeg International Airport
InterVISTAS was commissioned by Winnipeg Airports Authority to conduct an assessment and documentation of the economic impact of Winnipeg James Armstrong Richardson International Airport and related businesses, including employment (jobs, person years), wages, GDP, and economic output. As part of the study, surveys were carried out with airport-related businesses to determine the level of employment linked to the airport. The economic impact of the multi-stage capital investment program was also estimated. In addition, a series of micro-economic impact studies were also completed to document the economic impact of specific flight operations at Winnipeg James Armstrong Richardson International Airport. The micro-economic impact studies were completed based on interviews with airline managers at the airport, along with observation of actual operations.
To obtain the necessary information to complete the study, InterVISTAS relied on a number of different sources, techniques and applications. Specifically, this involved working with a number of airport stakeholders, including the Winnipeg Airports Authority and all airport users and tenants. Example techniques to collect data included detailed survey design, telephone interviews and detailed stakeholder consultations.
Using multiplier analysis, direct, indirect and induced economic impacts were assessed. The multipliers used in this study were based on the 2015 Input-Output multipliers maintained by Statistics Canada for each of the provinces and Canada nationwide. Specific impacts examined included gross output, GDP, employment levels, wages and government revenue.
YWG’s impact throughout the local region is reflected in the 10,020 direct full-time equivalents (FTEs) of employment that are supported or facilitated by the airport and the $580 million in direct wages paid. YWG’s direct employment impact has grown 5% since 2016. Including indirect and induced impacts, YWG generated a total of 17,120 FTEs of employment and $990 million in total wages throughout the Province of Manitoba in 2019.
Regina International Airport Master Plan Traffic Forecast
Economics & Finance
YYC Long-Term Forecast and Design Day Flight Schedules
Economics & Finance
Ready to get started? Let’s work together on finding solutions that work for you. Get in touch and let us know how we can help!Contact Us