In The Community
Economic Impact
Since the Ottawa Convention Centre opened its doors April 13, 2011, the new facility has hosted 562 events including 40 national and international conventions. Some of the more noteable events included 2 national political conventions, Northern Lights 2012 and of course the NHL All-Star Weekend. OCC has also welcomed back many popular events, such as the Ottawa Wine and Food Festival and the Ottawa Gatineau International Auto Show.
The 40 conventions held at OCC over the past year attracted close to 35,000 out-of-town delegates and exhibitors to Ottawa. These visitors experienced a unique cultural and historical experience that no other Canadian city can offer. The total economic impact generated by these conventions was over $83 million.
Being a G8 capital, Ottawa needed a new convention centre that could accommodate large scale events. The Ottawa Convention Centre is a ‘stay-at-home export’ as it attracts business to our nation’s capital that would otherwise go elsewhere. The aggressive marketing outreach in the global marketplace that has taken place over the past few years in partnership with local hotels and Ottawa Tourism is beginning to pay off. This is evidenced by the 1,171 jobs (direct, indirect, and induced) that are supported solely by the convention business accommodated by OCC over the past year and the $83 million estimated in economic impact to the city of Ottawa.
Benefits of a new Ottawa Convention Centre -- Tourism & Hospitality Sector
THE YEAR 2011 IN REVIEW
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562 events
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240,000 attendees
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40 National and International Conventions
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33,850 convention delegates and over 1000 non local exhibitors
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The direct spending on convention centre events including out-of- town delegates, exhibitors and production is estimated at $83 million
During the 2011 fiscal year, Ottawa Convention Centre held 40 events that drew at least 25% non-local attendance. These events attracted approximately 33,850 delegates/attendees from outside of Ottawa, and over 1000 non-local exhibitors (represented by over 4000 staff members). The total direct spending by these non-local visitors is estimated at approximately $78 million ($65 million in delegate/attendee spending and $13 million in exhibitor spending). When the production costs of the convention centre are included, the direct spending on convention centre events that draw out-of-town delegates and exhibitors is estimated at just over $83 million. The $83 million in direct spending contributes approximately $67 million to Ottawa’s GDP. Specifically, this includes $45 million in GDP that comes directly from companies providing goods and services, $11 million that is generated indirectly from related supplier industries and $11 million that is induced from employees spending their earnings. Approximately 1,171 jobs are supported, resulting in $43.5 million in labour income. This includes
$30 million in labour income that stems from 907 jobs that are supported directly.
eCONOMIC IMPACT - DIRECT SPEND BROKEN DOWN
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Delegate spending equals $64.8 million
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Exhibitor spending equals $13 million
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Convention Centre event production equals $5 million
Benefits of a new Ottawa Convention Centre – Transportation Sector
Both out-of-town and local event guests use Ottawa's taxi, limousine, car rental and shuttle services. With its expanded operations, the Centre will continue to support the local transportation industry by:
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Generating an additional $500,000 annually in local Airport Improvement Fees;
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Generating $1.929 million annually in revenues for local taxi companies;
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Generating $161,000 annually in tips for local taxi drivers;
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Generating 43 FTEs annually in the local taxi industry;
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Generating $1.78 million annually in revenues for local car rental companies;
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Generating $325,000 annually in revenues for local shuttle companies; and
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Generating $1.303 million annually in gasoline sales.
Benefits of a new Ottawa Convention Centre – Taxation Revenues
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Tax revenues estimated at $32 million for 2011
MEETINGS AND CONVENTION SECTORS AFFECTED BY oTTAWA cONVENTION CENTRE BUSINESS
Major industries affected;
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Accommodation Services
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Food and Beverage Services
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Retail Trade, Arts, Entertainment and Recreation
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Information and Cultural Industries
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Ground Passenger Transportation
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Other Transportation and Warehousing
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Car Renting and Leasing
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Finance
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Insurance
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Real Estate and Renting & Leasing
other benefits of meeting
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Meetings promote investment, trade, communications and technology
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Meetings bring education and professional development to the community
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Meetings promote and support other business sectors
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Meetings attract global expertise
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Meetings build community profile
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Meetings represent the high end of visitor spending
ECONOMIC IMPACT FOR 2013 TO 1017
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95 conventions already booked
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87,450 out-of-town delegates/attendees for conventions and roughly 4,100 exhibitors
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Economic Impact of these events is estimated at $257 million
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Economic Impact - Direct Spending broken down
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Delegate spending is estimated at $194 million
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Exhibitor spending is estimated at $63 million
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Convention Centre Production is estimated at $12.5 million
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Estimated tax revenues of $103 million
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3,540 jobs are expected to be supported by the economic activity of these events
More information available in our Annual Report
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