Page 17 - Southport - Reaching New Heights - Summer 2017

A portion of this increase is due to general steady growth in Southport-related businesses, but is considerably
affected by new tenants at Southport. In the last year, Southport opened the newly renovated Central Plains
RecPlex, along with the addition of two new tenants: Sawmill Tea + Coffee Co. and Portage Day Care Centre.
These new additions to Southport contributed to the overall growth as well as creating new jobs.

Another difference in the new study was that it also examined the specific impact of military flight training at
Southport. The report found that a significant portion of Southport’s economic impact stems from the RCAF
program and its related services.

BIG GAINS IN EVERY CATEGORY!

$67

Million 570
in GDP Total Jobs

$19 240
Million in GDP MISSION Total Jobs
(indirect impact) (indirect impact) For example, 350 of 570 jobs at Southport
are related to military flight training and its
services. In addition, the program contributes
$22 million in income, $48 million of GDP, and
$ $70 million in economic output.

$111 $33 While some might find the numbers

Million in interesting, others night be curious of the
Economic Million in benefit of calculating the specific dollar
Output Income amount of economic impact.

$32 $12 “It all comes back to Southport’s Mission
Million in Million in Income Statement,” says Peggy May, CEO of
Economic Output (indirect impact)
(indirect impact) Southport, “Our mission is ‘to stimulate
economic development in our region by
realizing the full potential of Southport’s
Our mission is to stimulate
economic development in our Southport.ca airspace, airport, and commercial and
region by realizing the full potential residential properties for the benefit of the
of Southport’s airspace, airport, communities we serve.’ An economic impact
and commercial and residential
properties for the benefit of the study is one tool to help us measure how well
communities we serve. we are achieving this mission.”

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