Assessing the impact of an existing enterprise or a new project is often required in community and economic development.
Impact analysis can be utilized in a variety of different scenarios and by using various methods. It can also be a component of a formal evaluation process for an organization or project.
A quick read on Measuring Economic Impacts of Projects and Programs by the Economic Development Research Group will give you a primer on basic concepts of economic impact analysis.
Grow Our Region has a custom interactive tool to assist you in gauging the impact of a business or new investment to your local or regional community. We encourage you to download and utilize the Investment Portfolio Tool (IPT for short). The IPT provides information to assess the impact a business or investment has in your Community, Province and Nationally.
This Tool is Available in the Members Only area.
IN THE MEMBERS ONLY SECTION YOU WILL FIND:
Examples of Determining Tourism Event Scale and Impact
Measuring Fiscal Impact of Development Projects and Special Events
Assessing Economic Impacts of Federal Investments in Infrastructure
Guide to Retail Impact Studies
Introduction to Socio-Economic Impact Assessment
Impact Analysis of Universities