{"id":59882,"date":"2025-11-01T14:24:56","date_gmt":"2025-11-01T17:24:56","guid":{"rendered":"https:\/\/thelaker.ca\/?p=59882"},"modified":"2025-11-01T14:24:56","modified_gmt":"2025-11-01T17:24:56","slug":"from-runways-to-revenue-halifax-stanfield-strengthens-n-s-economy","status":"publish","type":"post","link":"https:\/\/staging-z.thelaker.ca\/?p=59882","title":{"rendered":"From Runways to Revenue: Halifax Stanfield strengthens N.S. economy"},"content":{"rendered":"\n<div class=\"alignnormal\">[metaslider id=&#8221;56506&#8243;]<\/div>\n\n\n\n<p><strong>HALIFAX STANFIELD: <\/strong>According to its latest economic impact report, Halifax Stanfield International<br>Airport (Halifax Stanfield) remains a vital engine for Nova Scotia\u2019s economy, driving tourism, jobs, trade, and growth across the region. <\/p>\n\n\n\n<p>In 2024, airport-related activity generated over $4 billion in economic impact, reinforcing its critical role in supporting regional economic prosperity.<\/p>\n\n\n\n<p>\u201cThese results reflect our commitment to creating an international airport that supports a thriving Nova Scotia,\u201d said Joyce Carter, President &amp; CEO, Halifax International Airport Authority (HIAA). \u201c<\/p>\n\n\n\n<p>Every connection we enable contributes to a stronger, more prosperous province. <\/p>\n\n\n\n<p>&#8220;Our team at HIAA and our broader airport community take great pride in helping drive sustainable economic growth and ensuring Halifax Stanfield serves as a gateway that benefits everyone who lives and works here.\u201d<\/p>\n\n\n\n<p><strong>ADVERTISEMENT:<\/strong><\/p>\n\n\n\n<div class=\"alignnormal\">[metaslider id=&#8221;56526&#8243;]<\/div>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"alignnormal\">[metaslider id=&#8221;56376&#8243;]<\/div>\n\n\n\n<p>According to the report prepared for HIAA by Canmac Economics Ltd., non-resident air travellers were the province\u2019s highest-spending visitor group in 2024, averaging $1,224 per person and generating roughly $1.4 billion in economic output for the province.<\/p>\n\n\n\n<p>&#8220;Halifax Stanfield\u2019s commitment to providing reliable access to Nova Scotia for high-value, long-haul visitors is a key contributor to our success and that of the Nova Scotia tourism industry,\u201d said Ben Cowan-Dewar, Co-Founder and Chief Executive Officer of Cabot, noting that he recently reported a record-breaking season for all aspects of their business.<\/p>\n\n\n\n<p>Halifax Stanfield remained a major source of employment, with over 5,900 people working on-site in 2024, and a total of 24,015 direct and indirect jobs linked to airport operations. <\/p>\n\n\n\n<p>These activities produced $1.3 billion in labour income for Nova Scotians, reflecting a 15 per cent year-over-year growth.<\/p>\n\n\n\n<p>Halifax Stanfield continued to provide a reliable gateway for exporters in 2024, processing 26,200 metric tonnes of cargo through its facilities, valued at $536 million. <\/p>\n\n\n\n<p>Much of this activity, generating $715 million in economic output, was fuelled by Nova Scotia\u2019s world- renowned seafood exports, predominantly live lobster.<\/p>\n\n\n\n<p><strong>ADVERTISEMENT:<\/strong><\/p>\n\n\n\n<div class=\"alignnormal\">[metaslider id=&#8221;56530&#8243;]<\/div>\n\n\n\n<p>Ongoing investments by HIAA and its tenants in construction and facility enhancements also delivered strong economic benefits. In 2024, these projects generated $74 million in economic output, supported 492 full-time jobs, and provided $27 million in wages. <\/p>\n\n\n\n<p>Among them was the development of the airport\u2019s new International Connections Facility (ICF). This investment elevates the passenger experience and expands Halifax Stanfield\u2019s capacity to handle more wide-body aircraft, increasing cargo opportunities and strengthening global trade links. <\/p>\n\n\n\n<p>This project was jointly funded by the Government of Canada, the Government of Nova Scotia, and HIAA.<\/p>\n\n\n\n<p>\u201cInvesting in modern, future-ready infrastructure is essential to meeting the needs of our passengers and partners,\u201d said Carter. <\/p>\n\n\n\n<p>\u201cThese developments ensure Halifax Stanfield remains a catalyst for growth and opportunity across the region.\u201d<\/p>\n\n\n\n<p>With continued growth expected, Halifax Stanfield continues to play a pivotal role in Atlantic Canada\u2019s transportation network, enabling global connectivity and supporting long-term regional economic success.<\/p>\n\n\n\n<p>To learn more, visit Halifax Stanfield\u2019s <a href=\"https:\/\/halifaxstanfield.ca\/business\/economic-impact\/\" target=\"_blank\" rel=\"noreferrer noopener\">Economic Impact webpage.<\/a><\/p>\n\n\n\n<div class=\"alignnormal\">[metaslider id=&#8221;56501&#8243;]<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HALIFAX STANFIELD: According to its latest economic impact report, Halifax Stanfield InternationalAirport (Halifax Stanfield) remains a vital engine for Nova Scotia\u2019s economy, driving tourism, jobs, trade, and growth across the region. In 2024, airport-related activity generated over $4 billion in economic impact, reinforcing its critical role in supporting regional economic prosperity. \u201cThese results reflect our [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":25796,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[965,12],"tags":[9594,9595,2520,970,48,1077],"class_list":["post-59882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-hants","category-featured","tag-economic-driver","tag-economic-engine","tag-economy","tag-halifax-stanfield-airport","tag-n-s","tag-nova-scotia"],"_links":{"self":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/59882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59882"}],"version-history":[{"count":0,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/59882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/media\/25796"}],"wp:attachment":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}