STEAM 2.0 is a tool produced by the Canadian Sport Tourism Alliance (CSTA) designed to develop economic impact projections of sports events throughout Canada. Economic impact projections quantify the impact that special events have on the larger economy through a variety of measures such as GDP, Jobs, Wages & salaries, Taxes and Industry Output. Used judiciously, these indicators can be used to garner support from public and private sector partners, provide a framework for comparing the relative size of impacts of events, or for communicating to the general public the importance of sports events to the community as a whole.
This figure represents the total value of production of goods and services in the economy resulting from the initial expenditure under analysis (valued at basic prices). GDP is the net measure of changes in economic activity and is the most representative figure of the economic activity that took place in the larger economy as a result of hosting the event or festival under analysis.
Event Name: | GDP: | Location: |
---|---|---|
ASAA Wrestling Provincials | $94,906 | Medicine Hat |
U12 Soccer Provincials | $47,679 | Grande Prairie & Region |
Event Name: | GDP: | Location: |
---|---|---|
MD of Greenview Men's & Master Men's Canadian Fast Pitch Championships | $441,253 | Grande Prairie & Region |
Western Canada Cup | $134,783 | Grande Prairie & Region |
CanWest Short Track Speed Skating Championship | $91,922 | Grande Prairie & Region |
Alberta Cup | $80,836 | Grande Prairie & Region |
CCAA Cross Country Nationals | $73, 441 | Grande Prairie & Region |
Event Name: | GDP: | Location: |
---|---|---|
Pomeroy Initiation Mega Tournament | $152,493 | Grande Prairie & Region |