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Limitations of Economic Multipliers
Multiplier impacts must be interpreted with caution since they may be illusory when the economy experiences high employment and output near industry capacity.
Indirect Impacts
Indirect impacts are generated by industries that supply or provide services to the firms located at YWG.
Induced Impacts
Induced impacts are generated because of expenditures by individuals employed both directly and indirectly by the airport’s businesses.
Total Provincial Impacts
Ongoing YWG operations, including direct, indirect, and induced effects, generate 18,500 total jobs (equivalent to 17,120 FTEs) and $990 million in wages throughout Manitoba.
5 Tax Impacts
The ongoing operation of YWG and associated economic activity in the region generate a significant amount of tax revenue for the federal, provincial, and municipal levels of government.
Summary of Tax Contributions by Level of Government
Ongoing economic activity at YWG generates tax revenue contributions for all levels of government.
Ongoing Economic Impacts
Ongoing operations at YWG support a total of 17,120 FTEs or person years of employment and $990 million of wages in Manitoba, when multiplier impacts are included.
6 Summary of Economic Impact Results
Ongoing operations at YWG support a total of 17,120 FTEs or person years of employment and $990 million of wages in Manitoba, when multiplier impacts are included.
Annual Tax Contribution
YWG is also an important generator of taxation revenues to all levels of government. Total taxes paid on an annual basis by the airport, its directly related employers, and their employees are estimated at roughly $288 million per year.
A: Employment Survey
Over 200 firms received employment surveys for the YWG economic impact study including airport tenants, offsite firms, hotels, and ground transportation firms directly related to or dependent upon the airport.
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