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Culture Outpaces Sports in Economic Impact, and More

News in Brief: Culture Outpaces Sports in Economic Impact, and More

Culture industries generate eight times the value of sports, study says.

News in Brief: Culture Outpaces Sports in Economic Impact, and More

“A recent study shows that the culture industries outpace sports in economic and jobs impact across Canada. Analyzing Statistics Canada’s Provincial and Territorial Culture Indicators for 2016, the research firm Hill Strategies has found that the direct economic impact of culture industries in Canada—at $59.3 billion, or 3.1% of GDP—is eight times larger than the sports estimate of $7.2 billion. “Similarly,” states the study, published in Arts Research Monitor, “the jobs estimate for culture industries (704,000) is almost six times larger than the estimate for the sports sector (120,200).” In this study, the term “culture industries” includes audio-visual and interactive media, visual and applied arts, written and published works, live performance, heritage and libraries and sound recording as well as the fine arts. (Hill StrategiesArts Research Monitor)”

Stephen

Posted on: April 21, 2018, 10:25 am Category: Uncategorized

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