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Report on Economic Impact of St. Lawrence Seaway released

The full report on the Economic Impacts of the Great Lakes – St. Lawrence Seaway System has now been published by consultants Martin Associates of Lancaster PA.

The report is highly detailed, and at nearly 100 pages includes analyses of overall economic activity, job creation, and revenue generation, at the State/Province, regional, and country level. Data is further parsed based on the flag of carrying vessels and the commodity being traded.

According to the authors, 322.1 Million tonnes of cargo moved in the system in 2010, creating over 92,000 direct jobs of almost 227,000 total jobs, over $14 Billion in personal income, and over $33 Billion in business revenue. Somewhat unusually, only $4.6 Billion in tax revenue was calculated as resulting from this activity.

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