Canada’s Airports: Nearly 500,000 Jobs, $123.5 Billion in Economic Impact
The Canadian Airports Council (CAC) has released the findings of a new economic impact study showing the significant contribution of Canada’s airports to the national economy.
Canadian Airports Council Logo (CNW Group/Canadian Airports Council)
The Canadian Airports Council (CAC) has released the findings of a new economic impact study showing the significant contribution of Canada’s airports to the national economy.
The study highlights that 61 airports across the country supported 435,800 full-time jobs, paid $32.9 billion in annual wages, contributed $49.6 billion to GDP and generated a total economic output of $123.5 billion in 2024.
“At a time of global uncertainty and economic change, this report reaffirms what our members and communities have long understood: Airports are not only essential transportation hubs but also powerful economic engines,” said Monette Pasher, President of the CAC.
“They are essential to ensuring that Canada remains connected, competitive and ready to meet the challenges of a shifting global environment.”
The study, developed using an updated economic model based on Statistics Canada data and more than 30 airport economic reports, mirrors a similar CAC study from 2016, offering a direct comparison of industry growth over time.
Key national-level findings include:
- Total employment supported by airport activity increased 22.8% from 2016.
- Total annual wages rose by 49.5%, to $32.9 billion.
- Total GDP linked to airports reached $49.6 billion.
- Annual economic output grew 56.3% over 2016 levels.
“This growth is a testament to the resilience of the aviation sector and its vital role in connecting Canadians, supporting local businesses and enabling trade,” added Pasher. “As we look ahead, continued investment in airport infrastructure and policies that support sustainable growth are essential.”
While the pandemic brought disruption to the aviation industry, the latest data shows that Canada’s airports have staged a strong recovery. Passenger levels are once again approaching pre-pandemic highs and the movement of goods by air has grown substantially, reflecting renewed confidence in global trade and travel.
The full economic impact study can be found here.
