12.07.2015 Views

EXECUTIVE SUMMARY - Saskatchewan Aviation Council

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Worth hundreds of millions of dollars and of immeasurable civil importance, <strong>Saskatchewan</strong>’saviation industry brings enormous economic, social and agricultural benefits to our provincewith every ascent into our broad living sky.And the results of a new study indicate the industry has a greater affect on theprovincial economy than many might initially conclude.<strong>Saskatchewan</strong>’s aviation sector accounts for 2.1 per cent of the provincial GDPand more than 15,000 direct and indirect jobs – that’s $825.1 million in GDP,$658.5 million in wages and $91.4 million in taxes, according to the report.Prepared for the <strong>Saskatchewan</strong> <strong>Aviation</strong> <strong>Council</strong> by Derek Murray Consulting andAssociates in association with Pryde Schropp McComb, Inc. and SaskTrends Monitor,the study – A Study to Determine the Impact of <strong>Saskatchewan</strong> Air Transportation Nowand in the Future – examines in detail <strong>Saskatchewan</strong>’s aviation industry and providesan analysis in the context of the importance of air transportation to the province.$91.4 million in taxrevenue far exceeds theprovincial investmentin the sector, accordingto the study.Further, the industry has also proven to be a good investment for the <strong>Saskatchewan</strong>government. That $91.4 million in tax revenue far exceeds the provincial investmentin the sector, according to the study.<strong>Saskatchewan</strong>-based air carriers, meanwhile, employ about 700 people – signifi cantlymore than <strong>Saskatchewan</strong>-based employment with national and international air carriersserving the province. The provincial aerospace sector is also important to the industry,employing roughly 285 people and recording annual sales of $55 million.The study shows aviation is essential to attracting and retaining corporate headoffices and related jobs in <strong>Saskatchewan</strong> and is absolutely critical to the developmentof <strong>Saskatchewan</strong>’s resource sector. For <strong>Saskatchewan</strong> to build its reputation asan international mining sector, aviation services must continue to be readily availableand expand in size and infrastructure.A lifeline to the north<strong>Aviation</strong> is key to the northern <strong>Saskatchewan</strong> economy in particular, transportingpeople and equipment to and from operating mine sites, exploration projects andisolated communities. According to the study, more than 150,000 passengers arefl own to and from northern mine sites each year – a fi gure that’s expected to riseto 200,000 people in 2013.<strong>Aviation</strong> hubs such as Stony Rapids, which has a population of 240 people, aretrue gateways to the north and good examples of the impact of aviation in the north.As one of <strong>Saskatchewan</strong>’s busiest airports, Stony Rapids records more than 10,000aircraft movements annually, moving many times its population to and from its smallairport. By comparison, most <strong>Saskatchewan</strong> airports without scheduled servicenote about 2,000 annual aircraft movements.

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