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Corporate Overview ·
Economic Impact ·
Quick Facts ·
FAQ ·
Biography of Captain Alwyn G. Soppitt
The Saint John Region is the industrial heart of the Province of New Brunswick. The port is New Brunswick's main and most diversified port and is essential to New Brunswick's industries. It is an economic engine within this community and creates 1,700 direct and indirect jobs locally, contributing $161 million to the local GDP. This translates into 4,000 jobs Province-wide and $216 million contributed to the provincial GDP.
On average, each cargo vessel contributes an estimated $115,000 spending within the local community. Each tonne of cargo passing through the port brings $22.00 in expenditures to the community and, similarly, every container generates $260.00 in expenditures.
Cargo vessels annually contribute $46 million in direct spending in the community. Cruise vessels contribute in excess of $9 million. Cruise ship passengers spend an average of $85.00 per day in the City and surrounding area. In 2004, 138,800 passengers visiting Saint John spent an estimated $11.7 million. These figures do not include crew expenditures, which account for a further $2.5 million annually.
Port labour provides a significant contribution to the local economy. Over the past five years, an average of 294,000 man-hours per annum have been worked on the port with total earnings averaging $9.9 million per annum.
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