New study affirms the value of marine shipping to Canadians in all regions

the value of commercial marine shipping to CanadaA new study commissioned by Clear Seas Centre for Responsible Marine Shipping (Clear Seas), and conducted by the Council of Canadian Academies, concludes that marine shipping is of great value to Canadians in all regions.

The study, The Value of Commercial Marine Shipping to Canada, demonstrates that no Canadians’ life is untouched by marine shipping. Whether you are buying imported consumer goods, working in an auto plant in Ontario, or live in the Arctic, marine shipping has imparted value to your wellbeing.

Among the report’s key findings:

  • The national impact of marine shipping is equal to approximately 1.8% of the Canadian economy, or about $30 billion – which is roughly the equivalent of New Brunswick’s economy
  • Nationally, marine shipping transports about 20% of Canadian exports and imports by dollar value
  • By carrying more than $200 billion of goods to and from global markets annually marine shipping is essential to international trade

Clear Seas provides impartial information on marine shipping in Canada to policy makers and the public. Its mandate is to initiate and interpret research, analyze policies, identify best practices, share information and facilitate dialogue.

Read the full report →

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