Economic Impact Projections

The Canadian Soccer Association released the preliminary economic impact projections for the FIFA U-20 Women’s World Cup Canada 2014 and FIFA Women’s World Cup Canada 2015™.

The initial projections indicate the two competitions will produce industry output of over $337-million nationally.

The Canada 2015 competition is expected to support $267-million in economic activity while the Canada 2014 competition is expected to support an additional $70-million.

The net economic activity (gross domestic product or GDP) of the competitions is expected to reach a total of $169-million with $37-million in 2014 and $132-million in 2015.

The projections, compiled by the Canadian Sport Tourism Alliance, look at several factors including the projected expenditures of out-of-town visitors attending the competition, capital construction costs and the operational expenditures associated with hosting the competitions.

Through the use of the Canadian Sport Tourism Alliance’s STEAM model, the economic impact of the competitions are detailed across several factors such as employment, taxes, gross domestic product (GDP) and industry output.

The combined economic output of both events across the host provinces ranged from $256-million to $80-million while the municipal output across seven host cities ranged from $11-million to $59-million.

“The FIFA Women’s World Cup Canada 2015™ marks the first major sporting event hosted in Canada from coast to coast, from Vancouver on the west coast to Moncton in Atlantic Canada,” said Victor Montagliani, President of the Canadian Soccer Association and Chair of the National Organizing Committee for the FIFA Women’s World Cup Canada 2015™.

“As part of the Canadian Soccer Association’s 2014-2018 Strategic Plan – Leading a Soccer Nation – the successful hosting of these competitions will fulfil our strategic priority to encourage and oversee the growth of the game in our country and leave a legacy for sport, for women, and for Canada that reaches far beyond the competition.”

Thanks to Soccer Canada for the info.