Building Canada’s next generation of naval vessels at Irving Shipbuilding’s Halifax Shipyard is                   a once-i...
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Infographic: Economic Impact of Shipbuilding in Halifax

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Infographic on the economic impact that, if Halifax shipyard is successful in their bid, will have on Halifax and the region.

Published in: News & Politics, Travel, Business
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Transcript of "Infographic: Economic Impact of Shipbuilding in Halifax"

  1. 1. Building Canada’s next generation of naval vessels at Irving Shipbuilding’s Halifax Shipyard is a once-in-a-generation opportunity to secure thousands of long-term jobs, bolster Nova Scotia’s economy for a quarter-of-a-century and provide substantial economic benefits across Canada. NATIONAL IMPACT INCREASE IN REAL BUILDING THESE GDP FOR EVERY VESSELS AT HALIFAX $ 1000 OF PROCUREMENT SHIPYARD WOULD DRIVE IN NOVA SCOTIA SUPERIOR BENEFITS TO THE REST OF CANADA. $800 t ia co S va No IN A TYPICAL PEAK YEAR OF ACTIVITY, REAL GDP INCREASES BY IN NOVA SCOTIA REAL GDP IN OTHER PROVINCES GOES UP BY rio a bi da ta m es On na lu nc Co Ca i ov sh ic ec Pr nt iti eb e la Br ri Qu At ai Pr r he Ot $107 $82 $195 $89 $20 PROVINCIAL IMPACT EMPLOYMENT BY INDUSTRY COMPARISON UNIVERSITIES 11,030 PEAK OF 11,500 JOBS. COMBAT VESSEL PROJECT* 8,453 ARTS, ENTERTAINMENT AND RECREATION 6,138 OVER $400 MILLION IN PERSONAL DISPOSABLE ACCOMMODATION SERVICES 5,217 INCOME. PLASTICS AND RUBBER MANUFACTURING 4,645 NON-COMBAT VESSEL PROJECT* 3,744 OVER $350 MILLION INTRANSPORTATION EQUIPMENT MANUFACTURING 3,262 FEDERAL, PROVINCIAL AND LOCAL TAX REVENUE. 0 4,000 8,000 12,000 * AVERAGE ANNUAL EMPLOYMENT NOTE: CHART IS MEANT AS AN ILLUSTRATION OF THE MAGNITUDE OF THE SHIPBUILDING PROJECTS AND NOT ACTUAL INDUSTRY TO INDUSTRY COMPARISONS INCREASE IN NOVA SCOTIA EMPLOYMENT COMBAT VESSEL SCENARIO 12,000 NON-COMBAT VESSEL SCENARIO 10,000 8,000NUMBER OF JOBS 6,000 4,000 2,000 0 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 YEAR LOCAL YEARLY IMPACT 420 NEW 750 NEW CARS $38.5 MILLION OTHER BENEFITS HOUSING UNITS ON GROCERIES A GENERATION OF STABLE EMPLOYMENT; CATALYST TO REVERSE OUTWARD MIGRATION OF YOUNG PEOPLE AND ATTRACT OTHERS TO COME AND GROW $8.5 MILLION $11 MILLION ON TELEPHONE IN RESTAURANTS OUR POPULATION; STABILITY FOR SERVICES SMALL BUSINESSES; INCREASED CONFIDENCE IN THE COMMUNITY AND WITH BUSINESSES; HALIFAX BECOMES A HIGH-GROWTH CITY. NEW JOBS AND NEW INCOME WILL DRIVE DEMAND FOR: JOBS AT PEAK IN PROPERTY TAX REVENUES NATIONAL SHIPBUILDING PROCUREMENT STRATEGY SOURCE : CONFERENCE BOARD OF CANADA JUPIA CONSULTANTS INC. WWW.SHIPSSTARTHERE.CA BROUGHT TO YOU BY:

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