The Greater Toronto Airports Authority (GTAA) has published a report quantifying Toronto Pearson Airport’s economic impact. The report was produced jointly by Frontier (Europe), MNP (a leading Canadian accounting, tax and business consultancy) and Quod (a UK-based consultancy specialising in planning and development economics).
The analysis estimates the airport’s economic impact in three parts:
The key findings are that, since 2011, Toronto Pearson’s economic impact at the national and local level has grown substantially:
This report serves as an update to Frontier’s 2011 Global Hub Study for the GTAA which focused on Toronto Pearson’s catalytic impact. The latest report also provides, for the first time, data on how the jobs facilitated by the airport are distributed across Ontario and the Greater Toronto Area by region.
Frontier (Europe) regularly advises airports, airlines and aviation regulators in the EU and beyond.
For more information, please contact Saskia Nett on firstname.lastname@example.org or call +44 (0)20 7031 7000.