12 WINGS | March/April 2015 WWW.WINGSMAGAZINE.COM
ON THE
F LY
13
Municipal
MILLION MILLION MILLION
470
Federal
170
Provincial/
Territorial
BUSINESS AVIATION AVERAGE WAGES OUTPERFORM KEY INDUSTRIAL SECTORS
BA = $640 MILLION IN TAXES
$69,000.00 $63,000.00 $58,000.00 $49,000.00 $47,000.
Business
aviation
Information &
cultural industries
Industrial
Aggregate
Construction Transportation
and warehousing
BUSINESS
AVIATION’S
ECONOMIC IMPACT IN
DIRECT
persons years
million in
DIRECT wages
billion in
DIRECT GDP
billion in DIRECT
economic output
11,
$1.
$3.
$
More
than
20%
10%
to
20%
1%
to
10%
Less
than
1%
CANADA IS HOME
TO APPROX. 1,
BUSINESS AVIATION
AIRCRAFT, INCLUDING
BOTH FIXED WING
(76%) AND ROTOR
AIRCRAFT (24%).
THE MAJORITY ARE
BASED IN QC, AB,
BC & ON
IT SUPPORTS:
The Canadian Business Aviation Association (CBAA) recently released its first
economic impact study in Canada, showing just how impactful business aviation
is in this country. The numbers are impressive and in the words of CBAA
president Rudy Toering, the information is “ground breaking.” Said Toering:
“We finally have the evidence to back our claims about business aviation’s
importance.” The data is key for the CBAA’s continued advocacy efforts and its
drive to get government to understand the industry’s impact as an economic
driver. “This study clearly shows that business aviation has a significant and
catalytic impact on our economy and jobs.”