New Study Finds Snowmobiling Can Contribute up to $3.3 Billion Annually in Economic Activity
(Barrie, ON – June 12, 2019) – The Ontario Federation of Snowmobile Clubs (OFSC) has released a new economic impact study based on the 2018-19 snowmobile season. The study found that the economic impact of snowmobiling has the potential to generate between $1.6 and $3.3 billion in total economic activity in any given season, dependent on factors such as weather.
“Snowmobiling continues to be the major driver of Ontario’s winter economy,” said OFSC Chief Executive Officer Ryan Eickmeier. “Thanks to our Club volunteers, snowmobilers experience 30,000kms of world-class riding conditions, supporting local businesses across the entire province. From job creation to taxation revenue to keeping a small business open all winter, snowmobilers certainly contribute across the board.”
Among the key findings of the study was that $842 million in expenditures contributed to $403 million in direct GDP and a total of $665 million in direct, indirect and induced GDP impacts. Additionally, direct employment from the season’s snowmobiling expenditures totalled an estimated 6,436 full-time equivalent jobs.
“Through our strong partnership with the Government of Ontario and increased marketing of our product, the economic impact of snowmobiling will continue to grow in the years ahead” continued Eickmeier.
The OFSC retained Harry Cummings & Associates Ltd to study the 2018-19 snowmobiling season, using the Ontario Ministry of Tourism’s Tourism Regional Economic Impact Model (TREIM). The study was generously supported through a grant by the International Snowmobiling Manufacturers Association (ISMA).