In
2010, the Residential Construction Industry
is Essential to Our Region’s Economic
Recovery and Long-Term Prosperity!
| 279 |
New
Housing Starts... a key to economic
growth in our community! |
| 2,130 |
Jobs
in New Home Construction, Renovation
and Related Fields… one of the
largest employers in the region! |
| $108 |
Million
in Wages… show up as purchases
across the whole local economy! |
| $222 |
Million
in Construction Value… contributes
to largest single wealth-builder for
most Canadian families! |
| $20 |
Million
in Federal and Provincial Income Tax
Revenues |
| $9 |
Million
in Canada Pension Plan Premiums |
| $13 |
Million
in GST Revenues |
| $12 |
Million
in Provincial Sales Tax and Projected
HST Revenues |
| $58 |
Million
in Total Federal and Provincial Government
Revenues |
In
2010, the Residential Construction Industry
is Essential to Our Region’s Economic
Recovery and Long-Term Prosperity!
| 295 |
New
Housing Starts... a key to economic
growth in our community! |
| 2,920 |
Jobs
in New Home Construction, Renovation
and Related Fields… one of the
largest employers in the region! |
| $148 |
Million
in Wages… show up as purchases
across the whole local economy! |
| $304 |
Million
in Construction Value… contributes
to largest single wealth-builder for
most Canadian families! |
| $28 |
Million
in Federal and Provincial Income Tax
Revenues |
| $12 |
Million
in Canada Pension Plan Premiums |
| $18 |
Million
in GST Revenues |
| $18 |
Million
in Provincial Sales Tax and Projected
HST Revenues |
| $81 |
Million
in Total Federal and Provincial Government
Revenues |
*Notes: Calculated by Will Dunning
Inc. Economic Research based on data from
Canada Mortgage and Housing Corporation
and Statistics Canada; housing starts
forecast by Altus Group. Note that Income
Tax Revenues do not include significant
corporate tax revenues. Municipal property
tax and other revenues from both new home
buyers and home builder companies are
also in addition to the above figures.
For more information, please
contact:
Lorraine Stratton, Executive Officer
Peterborough & the Kawarthas Home
Builders’ Association
494 The Parkway, Unit 2
Peterborough, ON K9J 7L9
Ph: (705) 876-7604; Fax: (705) 876-6630
E-mail: info@pkhba.com
|
