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

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
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va
No
IN A TYPICAL PEAK
YEAR OF ACTIVITY,
REAL GDP INCREASES BY
IN NOVA SCOTIA
REAL GDP IN OTHER
PROVINCES GOES UP BY
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$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 IN
TRANSPORTATION 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
8,000
NUMBER 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.
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