Quote:
Originally Posted by -Harlington-
Games generate largest economic impact for Canada Games
The Halifax 2011 Canada Games have broken another record. The February event generated more than $130 million in economic activity in Nova Scotia, created more than 1,100 jobs, and $40 million in wages and salaries.
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This number does seem quite high. Although old data, for
all of 2007, the Nova Scotia hotel industry had revenue of $387 million dollars -
http://www.pkfcanada.com/docs/HAC_Brochure_2007.pdf . So I don't see how an increase of 16% in hotel rooms for
one month can translate into $130 million dollars in economic activity (even with all the all related revenue streams).
In any case, I believe it was a success and I am sure that it was worthwhile for Nova Scotia to host the event. It isn't just a matter of dollars and cents but also a matter of local civic pride to host such a successful event.