Specifically, the study determined that activities of Port of Vancouver terminals and tenants annually generate:
• C$24.2 billion in economic output
• C$11.9 billion in GDP
• C$7 billion in wages
• 115,300 jobs in Canada
• 96,200 jobs in British Columbia
• C$67,900 average wage for direct job (versus C$44,000 average wage in Canada)
• C$1.4 billion per year in tax revenues: federal: C$860 million; provincial: C$441 million; municipal: C$129 million
The port authority’s 2016 sustainability report covers the most significant economic, environmental and community impacts and opportunities for the port across 10 areas of focus, such as strategic investment and asset management, healthy ecosystems and Aboriginal relationships. The port authority has been reporting on its sustainability work since 2011, and last year announced its goal of becoming the world’s most sustainable port.
"A year after announcing our vision, we are continuing to see progress in each of our three pillars of sustainability," said Mr. Silvester. "We are proud of the work we are doing to accommodate Canada’s trade needs, while at the same time maintaining a healthy environment and enabling thriving communities. We look forward to continuing our work towards a lower carbon economy while we enable growth and economic prosperity through trade."