Gross output is the total value of goods and services produced by an industry.<\/p>\n
The purpose of the study was to find out the economic impact of Nunavut\u2019s travel industry. According to Stubbing, no such study had been conducted yet.<\/p>\n
A 2019 report<\/a> put the travel sector\u2019s impact at $400 million, and responsible for 3,000 jobs.<\/p>\n But previous assessments of the economic impact of travel in Nunavut were \u201cguesstimates,\u201d Stubbing said. Numbers in this latest study are the \u201cfirst figures that have come from actual research and data collection, so these are going to act as as baseline figures.\u201d<\/p>\n Travel Nunavut hired the firm Praxis Consulting, which collected data from Statistics Canada and through interviews with people involved in the travel sector,\u00a0Stubbing said.<\/p>\n Some of the other dollar figures in the study include $461.3 million in gross domestic product, $333.9 million in labor income, $82.2 million in federal tax revenue and $49.9 million in territorial tax revenue.<\/p>\n When examining travel, it\u2019s not just tourism that adds value to Nunavut\u2019s economy, Stubbing said. Medical, business and scientific travel all contribute.<\/p>\n \u201cWhen you start to explain the breadth of the travel industry, people then start to understand and think, \u2018Oh yeah\u2026 those figures definitely make sense,\u2019\u201d Stubbing said.<\/p>\n \u201c[The $823.5-million impact is] a really impressive figure, and from what we can tell, that puts the travel industry as the second biggest industry in the territory outside of the mining activity.\u201d<\/p>\n Of the 6,322 jobs figure, Travel Nunavut describes 5,408 of them as \u201cdirect positions.\u201d<\/p>\n Examples of those jobs, Stubbing said, include pilots, hotel desk workers and cooks, and outfitting guides.<\/p>\n The study didn\u2019t offer a breakdown of how many of those roles went to Inuit or locals.<\/p>\n \u201cWhen we go to do this same study in years future,\u201d Stubbing said, \u201cthat\u2019s definitely the type of thing that we\u2019re going to try and gather information about.\u201d<\/p>\n At Travel Nunavut\u2019s 2023 annual general meeting, officials mused over the potential of travel in Nunavut being a $1 billion<\/a> industry by 2030.<\/p>\n Half-way through the decade, Nunavut could reach that goal sooner than expected.<\/p>\n \u201cThere\u2019s so much going on in the territory and so much growth happening in the territory that it\u2019s hard to believe that we wouldn\u2019t get to $1 billion by 2030,\u201d Stubbing said.<\/p>\n![\"\"\/](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/08\/1754593153_667_A-14519.95_r.gif\" "\\"\\"")
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