Page 4 - Reaching New Heights - Volume 5

THE Indirect impact refers to the businesses that supply and support

Southport. Induced impact measures the spending of the direct
ECONOMIC and indirect employees in the general economy surrounding
Southport.
The results of the study indicated that Southport and Southport
IMPACT OF related businesses directly contribute 600 jobs, $38 million in
income, $75 million in gross domestic product (GDP) and $120
million in economic output on an annual basis. Looking at these
results alone indicates Southport has significant impact on the
surrounding economy.
Since the 2016 study, Southport increased in several categories
assessed by the report. Economic output increased by $10
million, GDP expanded by $8 million, income increased by $4
million, and 20 new full-time jobs were added. A portion of this
In February 2020, Southport released a new economic impact increase is due to the general steady growth in Southport related
study that measured the economic contributions associated with businesses. It is also affected by new tenants at Southport, who
the ongoing activities of Southport through an analysis of 2019 in turn, create new jobs.
operations. The report was undertaken to update the previous In 2019, Southport gained two new commercial tenants, Roquette
economic impact study of 2016, as significant changes have and J.R. Simplot Company. Roquette is leasing Southport’s
occurred at Southport since then. This new report highlights how 16,000 ft Flightline Building for office and training space until
2
Southport’s impact can ripple through the local and provincial construction of its large pea processing facility, just west of
economy either directly, indirectly, or through induced impact. Portage la Prairie, is complete. Simplot was the first official tenant
Direct impact is the effect that Southport and businesses of Hangar 5 and utilizes various other Southport services as they
located at Southport have on the local and provincial economy. travel to and from the Southport Airport.

INDUCED IMPACT

INDIRECT IMPACT
DIRECT IMPACT

$17 M $19 M $67 M 172 333 333
Gross Domestic Product Total Jobs
$103 Million 907

$17 M $19 M $67 M $17 M $19 M $67 M
Economic Output Total Income
$170 Million $52 Million
Similarly to the 2016 study, this study examined the impact Why does Southport conduct economic impact studies? This
of military flight training at Southport. The study found that a relates back to Southport’s Mission Statement, “to stimulate
significant portion of Southport’s economic impact stems from economic development in our region by realizing the full potential
the Royal Canadian Air Force’s program and its related services. of Southport’s airspace, airport, and commercial and residential
For example, 370 jobs at Southport are related to military flight properties for the benefit of the communities we serve.”
training. The training program also contributes $13 million in At Southport, we remain committed to our community and
income, $48 million of gross domestic product, and $70 million increasing our impact and growing the region is a focus we
in economic output. embrace every day.

4 Southport: Reaching New Heights
4 Southport: Reaching New Heights