The Greater Vancouver Gateway is defined
by people, infrastructure and services that move international cargo and passengers
to their destinations. Tens of thousands of people make the Gateway work. As the
companies they work for buy services, indirect jobs are generated, and, as Gateway
employees spend wages in their communities, 17,200 additional jobs are induced for
a total employment impact of 139,000 jobs. By way of comparison, total Greater Vancouver
employment was 1,076,000 in 2002.
In fact Gateway business has become
the mainspring of Greater Vancouver’s economy. Today the Gateway moves 115 million
tones of cargo and 16.9 million air passengers and is Canada’s Gateway to the Asia
Pacific, the fastest growing economies in the world. The Region’s success is evidenced
by significant population growth, by 2030 over three million people will call Greater
Vancouver home. Population growth and the expansion of international trade and travel
are increasing pressure on the Region’s road, transit, marine and rail networks.
There are more cars, buses and trucks on the roads, and more trains on the railways
today than ever before.
The Gateway payroll
= $3.6 billion
Average wages from Gateway employment
are 37% higher than the BC average. In the export cargo sector of the Gateway’s
business wages are 64% higher.
Taxes Paid = $1.9
42% of the Gateway’s Gross Domestic
Product accrues to governments in tax revenues either directly or indirectly. Gateway
enterprises are some of the more significant tax payers in their communities. The
Airport, for example, paid $680 million of taxes in 2005 to three levels of government.
Tourism and Travel
The Gateway transportation system
is essential to tourism and business travel. 16.9 million air passengers and nearly
one million cruise ship passengers rely on the Gateway for access to their chosen
destinations. Greater Vancouver is itself a tourism and travel destination. Over
2.6 million people from the U.S. and countries in the Asia Pacific and Europe visit
the region each year. Whether they were traveling to and from the airport to the
downtown hotels, the Burrard Inlet cruise ship terminals or destinations outside
Vancouver, the Gateway was their point of entry. And as Vancouver/Whistler gear
up for, and host, the 2010 Winter Games, hundreds of thousands of additional travelers
will use the Gateway transportation system, generating between $2.0 and $4.2 billion
The Gateway handles approximately
$16 billion of Canada’s export commodities to world markets, the largest segment of which is sixty million
tonnes of Western Canada’s bulk commodities. Transportation accounts for between
18% and 45% of the total cost of these export commodities in world markets. Exports
currently account for one third of Canada’s GDP, and as Canada’s and British Columbia’s
international trade expands, the Gateway’s importance as a facilitator of international
trade will grow.