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About the Industry

 

The Business Events Industry in Canada is made up of a number of industry partners such as, Canadian Association of Exposition Management (CAEM), Canadian Society of Professional Event Planners (CanSPEP),  Canadian Association of Professional Speakers (CAPS), Convention Centres of Canada, International Special Events Society Canada (ISES), Meeting Professionals International Toronto Chapter (MPI), Professional Convention Management Association (PCMA), Society for Incentive Travel Excellence (SITE), and Association of Destination Management Executives (ADME).
 
In 2013 the above group with the assistance of the MPI Foundation Canada, Maritz Research the Conference Board of Canada and Greenfield Services commissioned a study on the Economic Contribution of Business Events in Canada.  The aim of the Canadian Economic Impact Study(CEIS) 3.0 was to report on the economic significance of meetings, specifically business events, held in Canada for the base year 2012.
 
Some of the Key Research that was revealed was:

  • Business Events attracted 35.3 million participants and involved $29.0 billion in direct spending across a broad range of participants and non participants
  • These events delivered $27.5 billion to Canada’s gross domestic product (GDP) – approximately 1.5% of Canada’s total GDP.
  • Business events contributed $8.5 billion in taxes and service fees to all levels of governments
  • Business events supported employment of more than 200,000 full-year jobs directly- nearly double that of telecommunications or utilities.
  • There were more than 585,000 business events held in Canada during 2012 in more than 2,000 venues

These are just a few of the high level statistics the business events industry has contributed to the Canada.


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