MCC Study Shows Motorcycling Boosts Economy by 2.68 Billion
The Motorcyclists Confederation of Canada (MCC) has released a study indicating recreational motorcycling generated an estimated 2.68 Billion dollars for the Canadian economy in 2014.
“This is the most comprehensive look at motorcycling in Canada that has ever been undertaken,” said MCC Chair, Kellee Irwin. “It confirms what those of us in the business have known for a
very long time – motorcycling is not only a fun and convenient form of recreational activity, it’s big business too.”
The study conducted by Smith Gunther Associates Ltd. identified several key points including:
- Overall economic impact from direct and indirect recreational motorcycling expenditures was $2.68 billion in 2014.
- In 2014, direct expenditures alone on recreational motorcycling were $1.89 billion.
- Motorcyclists contributed $332 million to all three levels of government in the form of taxes on goods and services.
- At least 17,500 Canadians are currently employed in motorcycling-dependent jobs.
- Recreational motorcyclists raised and made $13.2 million in charitable donations in 2014.
- 708,700 people participate in recreational motorcycling in Canada.
With those kinds of numbers, the MCC should have plenty to talk about as it meets with federations, clubs, manufacturers, industry partners and the government, to discuss the opportunities presented by motorcycling.
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