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Δευτέρα 22 Δεκεμβρίου 2025

Canadian business events economic impact study officially launched

 


Destination Canada and Meetings Mean Business Canada (MMBC) have announced the launch of the Canadian Business Events Economic Impact Study (CBEEIS), a nationwide research initiative designed to quantify the full economic value of business events across Canada.

The CBEEIS will measure the total economic contribution generated by meetings, conferences, trade shows and incentive travel. The scope of the study includes direct event-related spending, indirect impacts throughout the supply chain, and induced effects resulting from income generated by business events activity. In addition, the research will assess tourism activity generated by out-of-town delegates, highlighting the broader role of business events in destination economies.

Virginie De Visscher, Executive Director, Business Events at Destination Canada, said: “The launch of the Canadian Business Events Economic Impact Study marks a transformative moment for our industry. For the first time, Destination Canada and our partners are establishing a unified, comprehensive baseline to accurately measure and advocate for the immense value business events bring to our national economy. Our commitment to ongoing data-driven measurement ensures that Canada’s business events sector will be recognized, valued, and primed for sustainable growth well into the future.”

From an industry advocacy perspective, the study is positioned as a strategic tool for decision-makers. Minto Schneider, Chair of Meetings Mean Business Canada, noted: “This is more than just data – it’s about giving our industry the tools it needs to thrive. With the new study underway, our industry leaders and policymakers will have the insight they need to advocate for investment, support job creation, and unlock new opportunities in every region of the country.”

Following a competitive procurement process led by Destination Canada, the Conference Board of Canada has been selected to conduct the study. The organization brings extensive expertise in economic modelling, data analysis and tourism research, and will deliver what is described as the first modern, national baseline of the economic contribution of business events in Canada in more than a decade.

The study is supported by a broad coalition of partners from across the country, including destination organizations, convention centres and industry stakeholders at gold, silver, bronze and partner levels. Participating organizations include Ottawa Tourism, Tourism Montréal, Destination Toronto, Destination Vancouver, Calgary TELUS Convention Centre, Vancouver Convention Centre, Québec City Business Destination, Tourism Calgary and Air Canada, among many others, reflecting wide industry alignment behind the initiative.

John C. Dunn, Chair of the MMBC Research Committee, emphasized the importance of industry collaboration, stating: “Their commitment underscores how vital it is to clearly understand the true value business events bring to communities across Canada. As we move forward, I encourage more destinations and organizations to engage with this study and invest in this critical research.”

The project will now move into the research design and stakeholder engagement phase. Survey and tool development is scheduled to begin in the first quarter of 2026, followed by national data collection in the second quarter. Economic analysis and modelling will take place in the third quarter, with the final report and executive summary expected to be released in late 2026 or early 2027 through the Canadian Tourism Data Collective platform.

Once completed, the CBEEIS is expected to provide destination marketing organizations, venues and all levels of government with a robust evidence base to support policy development, funding decisions and long-term planning, while reinforcing Canada’s position within the global business events landscape.

Tags: John C. DunnMMBC Research Committee   Virginie De Visscher, Destination Canada