2010 Tourism Impact Summary for Partners January 19th 2013

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    Table 1: Tourism Revenues by Visitor Origin, 2010

    Tourism Revenues(millions)

    Proportion ofRevenues

    Nova Scotia Residents $840 42%Canadian Visitors 886 44%American 186 9%Other International 108 5%

    Total $2,019 100%

    Nova Scotias Visitor Economy 2010Fact Sheet

    Tourism revenues in 2010 totaled $2.1 billion, with $1.18 billion or 58% of thisgenerated by non-resident visitors. This represents significant export activityfor the province.

    The visitor economy accounts for 2% of all economic activity in Nova Scotia,contributing $722 million to Nova Scotias total gross domestic product (GDP).GDP is a measure used by governments to determine the overall economicoutput or value added of an industry or province.

    Tourism spending in Nova Scotia benefits many sectors of the provinceseconomy. The largest share of tourism revenues go to restaurants ($366million); followed by transportation to NS such as airline, ferry, and cruise ship($354 million), accommodation ($332 million); vehicle operation ($305 million)

    d i th t

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    d i th t

    The following table summarizes tourism economic impacts for 2010 includinghousehold income, GDP, employment and taxes.

    Table 3: Tourism Economic Impacts, 2010

    Economic Impact Estimates

    Total Direct Expenditures $2,019 million

    Household Income

    Direct $531 million

    Spinoff $361 million

    Total $892 million

    Gross Domestic Product (GDP)Direct $722 million

    Spinoff $607 million

    Total $1,329 million

    Employment (Jobs)

    Direct 24,000

    Spinoff 10,500

    Total 34,400

    Provincial Tax Impacts

    Direct Provincial Tax Receipts $78 million

    Spinoff Provincial Tax Receipts $53 million

    Total Provincial Tax Receipts $131 million

    Federal Tax Impacts

    Direct Federal Tax Receipts $78 million

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    Table 5: Tourism Related Municipal Taxes by Tourism Region, 2010

    Tourism RegionMunicipal Tax

    Revenues(thousands)

    Proportion ofTotal

    Cape Breton $3,182 13%Eastern Shore $259 1%Fundy Shore & Annapolis Valley $2,317 10%

    H lif M t $14 495 60%

    Table 4: Tourism Revenue by Tourism Region, 2010

    Tourism RegionTourism Revenues

    (millions)Proportion of

    Total

    Cape Breton $251 12%Eastern Shore $29 2%Fundy Shore & Annapolis Valley $293 15%Halifax Metro $1,084 54%

    Northumberland Shore $158 8%South Shore $161 8%Yarmouth & Acadian Shores $43 2%

    TOTAL $2,019 100%

    The following table presents tourism revenues byregion (see Appendix 1 forDetailed Economic impacts by Tourism Region, 2010.

    Municipal taxes attributable to tourism are as follows.

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    Appendix 1. Detailed Tourism Economic Impacts by Tourism Region, 2010

    Cape Breton

    Region

    Northumberland

    Shore Region

    Eastern Shore

    Region

    Fundy Shore &

    Annapolis Valley

    Region

    Yarmouth &

    Acadian

    Shores Halifax Region

    South Shore

    Region Total

    Total Direct Tourism Receipts $251,000,000 $158,000,000 $29,000,000 $293,000,000 $43,000,000 $1,084,000,000 $161,000,000 $2,019,000,000

    Household Income

    Direct $63,100,000 $37,000,000 $6,300,000 $67,300,000 $9,900,000 $311,000,000 $36,000,000 $530,600,000

    Gross Domestic Product (GDP)

    Direct $86,500,000 $51,300,000 $8,800,000 $93,500,000 $13,700,000 $418,000,000 $50,000,000 $721,800,000

    Employment (jobs)

    Direct 3,000 1,800 300 3,400 500 13,100 1,900 24,000

    Spinoff 400 200 - 400 100 2,200 200 3,500

    Total Employment 3,400 2,000 400 3,800 600 15,300 2,100 27,600

    Tax Impacts

    Direct Federal Impacts $9,200,000 $5,400,000 $900,000 $9,800,000 $1,400,000 $46,400,000 $5,300,000 $78,400,000

    Direct Provincial Impacts $9,600,000 $5,400,000 $900,000 $9,900,000 $1,500,000 $45,700,000 $5,300,000 $78,300,000Total Direct Tax Impacts $18,500,000 $10,900,000 $1,900,000 $19,700,000 $2,900,000 $91,200,000 $10,600,000 $155,700,000

    Table 4: Detailed Tourism Economic Impacts by Tourism Region, 2010