In 2015 the Kanata North Business Association commissioned an economic impact assessment to determine the impact of the business community and its contributions at the municipal, provincial and federal levels, to assess and compare economic change over 25 years and to provide data and analysis to guide investment and promotion decisions.
The conclusion? Kanata North’s productivity and contributions at the local, provincial and national levels are extraordinarily strong. Kanata North’s productivity is three times higher than the national average. The total economic impact of Kanata North is $7.8 billion. Between the three levels of government, the total returns to government are $2.94 billion, equivalent to 37% of the total impact.
We hope that this report will help policy- and decision-makers understand how Kanata North’s contributions are continuing to build a strong technology ecosystem and generating economic opportunities for all of Canada.
The Kanata North Business Association would like to express their gratitude to Doyletech for their diligence, analysis and attention to detail in undertaking this research. We are also grateful to the more than 40 executives across almost every sector in Kanata North who participated in our process. Each interview was at least one hour long, and frequently more. We appreciate the time they took from their inevitably busy schedules to participate in the study. Without their engagement and information, this study would not have been possible. We would also like to extend our thanks to the City of Ottawa for their support.
Jenna Sudds, Executive Director, 613-801-1069, [email protected]