Launching Canada’s Space Sector: Economic Impact of Spaceport Nova Scotia

Rocket launching into space

Launching Canada’s Space Sector: Economic Impact of Spaceport Nova Scotia

Pages:13 pages19 min read

Author: The Conference Board of Canada


This data briefing examines the various economic benefits to Nova Scotia as well as to Canada as a whole resulting from the creation of Canada’s first commercial spaceport, to be built in Nova Scotia by Canadian space transport services company Maritime Launch Services.

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In this research, we examine the projected impacts, both locally and nationally, on sectors such as construction, transportation, tourism, and professional, scientific, and technical services to be generated through the initial building and ongoing commercial activities of Spaceport Nova Scotia.

What levels of job creation and wages will the project produce, both in its early construction phases and once operations are fully ramped up, for Nova Scotia and Atlantic Canada? Would the presence of a spaceport in Nova Scotia significantly impact Canada’s reputation as a hub for research and innovation, inspiring additional development and investment? How will GDP and government revenues be affected?

Read the data briefing to get our full analysis.

Key findings
Spaceport Nova Scotia
Economic benefits of construction
Economic benefits of operations and tourism
Potential for additional development in the region
Appendix A—Economic impact methodology
Appendix B—Activity and spending assumptions
Appendix C—Bibliography

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