Port of Yarmouth Economic Impact

Assessing the Port of Yarmouth’s economic impact to highlight its role in driving regional growth and community prosperity.

Case Studies / Port of Yarmouth Economic Impact

Industry: Port of Yarmouth.

Date: 2024.

Location: Yarmouth, NS.

Services: Economic Impact.

Case Study:

Economic Impact Analysis of the Port of Yarmouth.

The Port of Yarmouth serves as a vital gateway for trade, tourism, and local economic activity in Southwest Nova Scotia. Recognizing its potential to fuel regional growth, the Port sought a comprehensive economic impact analysis to understand its current contributions and explore future opportunities. ASBB Economics and Research was commissioned to conduct this study, highlighting the Port’s role in supporting local businesses, creating jobs, and fostering community prosperity.

Our Approach

To capture the Port’s full economic footprint, we engaged directly with stakeholders, including port operators, local businesses, community leaders, and government officials. Through a combination of data analysis and in-person consultations, we examined the Port’s role in sectors such as shipping, tourism, and supply chains. Our team worked diligently to quantify the direct and indirect economic impacts, from employment and revenue generation to the broader benefits for the community.

The Strategy

Our analysis revealed key insights into the Port’s influence on the local economy, including its role in supporting small businesses, attracting tourism, and providing jobs. We identified areas where the Port could further leverage its assets to support community growth and identified potential partnerships and investments that could enhance its economic impact. By mapping out these impacts, we provided the Port of Yarmouth with actionable insights to drive future decision-making and advocacy.

Impact and Vision

This economic impact analysis is more than just numbers; it tells the story of how the Port of Yarmouth contributes to the livelihood and resilience of the community. With a clearer understanding of its economic role, the Port is now better equipped to advocate for resources, foster strategic partnerships, and make informed investments that strengthen both the port and the region it serves.

 

At ASBB Economics and Research, we’re proud to work with communities like Yarmouth to humanize economic analysis and bring forward the stories behind the numbers, helping stakeholders make decisions that create lasting, positive change.

Expert Guidance for Strategic Economic Decisions

Our team offers the insights and support you need to navigate complex economic challenges, enabling you to make informed decisions that drive progress.

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