Golf Canada Golf NB

'We Are Golf' releases Economic Impact of Golf in Canada (2019)

2019 We Are Golf - Economic Impact Study
2019 We Are Golf

The Canadian golf industry generated $18.2B in economic benefits across our nation in 2019, according to a recent economic analysis conducted by Group ATN Consulting Inc. on behalf of the National Allied Golf Associations (We Are Golf).

According to The Economic Impact of Golf in Canada (2019), the Canadian golf industry employs the equivalent of nearly 249,000 people through direct and spin-off effects and contributed to $10.6B in household income. The industry also contributed $4.5B in government tax revenue ($1.8B federal and $2.1B provincial) used to support a variety of programs for all Canadians.

Based on nationwide surveys completed by golfers and golf course operators in 10 provinces and three territories along with multiple industry data sources, The Economic Impact of Golf in Canada (2019) is a follow up to previous comprehensive and independent assessment studies (2014, 2009) of the economic impact of the golf industry in Canada. The $18.2B economic impact of golf represents a 14% increase in contribution to Canada’s GDP between 2013 and 2019.

The Economic Impact of Golf in Canada (2019) further reinforces the enormous financial, employment, charitable, tourism and positive environmental impact that the sport and the business of golf are affecting across Canada,” said Laurence Applebaum, Chair of We Are Golf and CEO of Golf Canada. “This third iteration of the study provides the golf industry with a powerful snapshot of the scale and magnitude that our sport has on the Canadian economy and within the communities where we live, work and play.”

The study presents economic insights for each of the 10 provinces and three territories from coast to coast. Also captured in the report are comparisons to international economic insights from select countries and regions including the United States, European Union, and Australia.

The Economic Impact of Golf in Canada (2019) was conducted on behalf of We Are Golf by Group ATN Consulting Inc., a world leader in economic development and analysis for communities, regions, and industries. Group ATN previously conducted the 2014 and 2009 Canadian Golf Economic Impact Studies (based on 2013 and 2008 data respectively) which have allowed the Canadian golf industry to benchmark the game’s economic impact over five-year periods.

“Every industry has its own unique circumstances to allow for, and the ability to repeat the same application of our model for Canadian golf is a significant advantage,” said Tom McGuire, Principal with Group ATN Consulting. “Beyond consistency, we have also been able to further improve certain aspects based upon learnings from the prior studies we did for the National Allied Golf Associations (We Are Golf).”

HIGHLIGHTS OF THE ECONOMIC IMPACT OF GOLF IN CANADA (2019)

The game of golf accounts for an estimated $18.2B of Canada’s Gross Domestic Product (GDP), which is up 14% from the $15.9B reported in 2014*. Included within the 2019 economic impact:


*Note that 2014 figures are adjusted by the consumer price index and reported as current dollars.


Additional Insights from The Economic Impact of Golf in Canada (2019)

Although released in 2020, The Economic Impact of Golf in Canada (2019) does not factor in the significant impact of the COVID-19 pandemic on the Canadian golf industry.

“Establishing a baseline for the economic impact of our sport measured against pre-2020 Covid-19 spending is an important benchmark consideration for the integrity and continuity of the study,” added Applebaum. “Based on what we learned through the 2020 season, the safety of golf through this pandemic and the potential for a lift in participation and spending on the game, we are optimistic in looking ahead.”

An executive summary along with a complete report outlining the results of The Economic Impact of Golf in Canada (2019) is available by clicking here or by visiting any of the We Are Golf partner websites.

]]>