Cruise BC has partnered with regional cruise associations and the North West Cruiseship Association to update the Canadian Economic Impact study based on the 2007 season. The new study will also include additional BC Ports. The report is expected to be released in early 2008.
Based on Cruise BC's own economic impact model, since Cruise BC was organized in 2003, total ship visits to the Province have grown 10%, from 485 in 2003 to 534 in 2006. Revenue passengers have also increased 14%, from 1.1 million to nearly 1.3 million. Growth in both cruise ship visits and revenue passengers is attributed to both the development of BC only cruise itineraries, as well as growth in the Alaska cruise business.
In 2006, total spending by cruise lines, passengers and crew was nearly $570 million. The most spending was by cruise lines primarily to support home port operations in Vancouver. The spending in the cruise sector generated $649 million in direct and $653.9 million in indirect economic impacts for a total of $1.3 billion in direct and indirect economic impacts in BC in 2006. The total economic impacts in the Province have increased steadily since Cruise BC began tracking these data in 2003. A unique feature of the cruise industry is that it generates positive economic gains across nearly all economic sectors, including construction, manufacturing, transportation, wholesale/retail trade, and professional services. In addition, these impacts have helped to developed and support small and large businesses located in both small towns and large cities in the Province.
The cruise industry supported 9,693 jobs in the Province in 2006. Adjusting for seasonality and part-time, the full-time equivalent number of jobs in 2006 was 6,591. Since 2004, the total number of jobs supported by the cruise industry has fluctuated, due in part to the redistribution of Vancouver home port cruise ship calls to port calls in the smaller BC communities.
In 2006, nearly $100 million was generate in indirect business taxes to the Province and Federal governments. Like employment, these numbers have fluctuated slightly since 2004, but overall appear to be on the rise.
2003 Canadian Economic Impact Analysis
— pdf file (1.8 MB)
Contribution of the International Cruise Industry to the Canadian Economy in 2003 — prepared by BREA Business Research and Economic Advisors for North West Cruiseship Association, Vancouver Port Authority and St. Lawrence Cruise Association.
Prince Rupert Workshop (April, 2003)
— pdf file (144 KB)
Campbell River Workshop (September, 2003)
— pdf file (104 KB)
Port Alberni Workshop (April, 2005)
— pdf file (308 KB)