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Pre–event Economic Impact Study reveals WorldSkills Calgary 2009 may bring $82.5 million to Calgary as host city. Calgary, Alberta – WorldSkills Calgary 2009 has released details on a Pre-event Economic Impact Study commissioned by the Calgary Host Committee. Based on current operating budgets, the city could see up to $82.5 million injected into the economy as a direct result of hosting the WorldSkills Calgary 2009 Competition. Projections include $15.8 million in visitor expenditures and $55 million in operating expenditures. WorldSkills is an international competition where participants challenge their skills in the trades and technology. Over 900 competitors from 49 countries will be participating in Calgary in 2009. "The results of this study are significant," explains Kerry Moynihan, Vice President External. "In addition to promoting the importance of skilled trades and technology-based careers, this event will have a significant economic impact on the city of Calgary and the Province of Alberta." Asked to comment, Marco De Iaco, Director of Sport & Major Events for Tourism Calgary, says, "When Calgary won the bid to host the games, we were confident it would have a positive impact on the local economy and tourism. This study helps to confirm it." "We will continue working to attract and support international events that provide significant branding and promotional opportunities, community legacies, and benefits to the Tourism industry," De Iaco adds. The potential total direct, indirect and induced economic impacts in Calgary relating to the $82.5 million in initial expenditures is estimated to be $ 59.2 million in GDP (or "net economic impact"). Potentially, over 930 jobs could be created (direct, indirect and induced) – with wages and salaries estimated at $42.5 million. Tax support revenue to all levels of government could reach $ 23.3 million ($12.9 million Federal, $6.5 million Provincial and $3.9 million Municipal). The study was conducted by an independent consultant, utilizing the Tourism Economic Assessment Model created by The Conference Board of Canada.
Backgrounder About WorldSkills Calgary 2009
About the WorldSkills Competition
NOTE: The detailed Economic Impact Study is available on request from Kerry Moynihan:
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Transportation & Logistics
The "Transportation & Logistics" category covers all the skilled areas that are related to the transportation world. This includes creating, repairing and maintaining transportation vehicles. The competition areas included in this area are: Autobody Repair, Automotive Technology and Car Painting. |





