{"id":847534,"date":"2026-08-05T23:42:27","date_gmt":"2026-08-05T23:42:27","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/847534\/"},"modified":"2026-08-05T23:42:27","modified_gmt":"2026-08-05T23:42:27","slug":"study-indicates-port-of-nanaimo-contributed-2-4b-of-economic-impact-in-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/847534\/","title":{"rendered":"Study indicates Port of Nanaimo contributed $2.4B of economic impact in 2025"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The Port of Nanaimo generated $2.4 billion in economic impact for Canada, B.C. and Vancouver Island in 2025 according to a new study.<\/p>\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/npa.ca\/wp-content\/uploads\/2026\/08\/2026.06.11_-NPA_2025_EIA_Report_FINAL-1.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">study<\/a>, commissioned by the port and conducted by Deetken Insight, looked at the economic impacts.<\/p>\n<p class=\"wp-block-paragraph\">It found that activities connected to the port supported 8,073 jobs, generated $1.1 billion in GDP, and contributed $557 million in wages.<\/p>\n<p class=\"wp-block-paragraph\">It also produced $115 million in tax revenues, of which $59 million were federal, $47 million provincial and $9 million were municipal.<\/p>\n<p class=\"wp-block-paragraph\">\u201cThis study confirms what our partners, tenants and community see every day: the Port of Nanaimo is more than a place where goods move. It is a connector of people, businesses and opportunity,\u201d said Ian Marr, president and CEO, Nanaimo Port Authority. <\/p>\n<p class=\"wp-block-paragraph\">\u201cThe Port supports local jobs, strengthens Vancouver Island\u2019s access to domestic and international markets, and contributes to a stronger regional economy.\u201d<\/p>\n<p class=\"wp-block-paragraph\">The study also found that the impact grew by around 50 per cent since the last economic impact assessment in 2014.<\/p>\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/cheknews.ca\/feds-b-c-pitch-in-61m-for-duke-point-terminal-expansion-in-nanaimo-1247743\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">The expansion of Duke Point<\/a> is also expected to drive economic impact over the coming years. In 2025, $7 million in capital investment was undertaken.<\/p>\n<p class=\"wp-block-paragraph\">Until 2028, the project is expected to generate $232 million in total economic output, $108 million in GDP, 734 jobs and $54 million in labour income.<\/p>\n<p class=\"wp-block-paragraph\">\u201cPorts are foundational to national and reginal prosperity,\u201d said Marr. \u201cAs demand grows for resilient and diversified supply chains, Nanaimo is well positioned to support Canada\u2019s trade network while continuing to create opportunities closer to home.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The Port of Nanaimo generated $2.4 billion in economic impact for Canada, B.C. and Vancouver Island in 2025&hellip;\n","protected":false},"author":2,"featured_media":847535,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-847534","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/847534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=847534"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/847534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/847535"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=847534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=847534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=847534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}