Halifax Stanfield International (YHZ) was worth $1.29 billion to the Nova Scotia economy in 2013, up $19 million in a year’s time, according to its most recent economic impact report.
“Together, the airport authority and all of our airport partners have a tremendous impact on Halifax and the province as an economic generator and growth enabler,” says Joyce Carter, president and CEO of the Halifax International Airport Authority.
The authority and its tenants have contributed approximately $535 million in renovation and new construction impacts since operational transfer of the airport was handed over from the federal government in 2000. It also has generated approximately 8,625 full-time equivalent construction-related jobs and $338 million in wages and salaries, according to the report, which was produced by Chris Lowe Planning and Management Group.
“These investments are a clear statement of our confidence in the future,” Carter says. “The time is now to pursue opportunities for more services and more growth.”
