The impact of Halifax’s Stanfield International Airport on Nova Scotia’s economy grew by roughly $41 million last year, according to a study conducted by Chris Lowe Group Planning and Management.
The report, released yesterday, totaled the airport’s contribution to the provincial economy as more than $1.27 billion in 2008.
“Together, all our airport businesses have quite an impact on the municipality and the province as an economic generator and growth enabler,” said Tom Ruth, President and CEO of Halifax International Airport Authority (HIAA), in a release. “Even during challenging economic times, the results of this study demonstrate the important role the airport plays as an employer and contributor to the Nova Scotia economy.”
Ruth cited the airport’s role in the tourism industry as one of the major factors behind the numbers.