The Value of Commercial Marine Shipping to Canada
Expert Panel on the Social and Economic Value of Marine Shipping to Canada
As a maritime nation, Canada’s economy, culture, environment, and security have long been interlinked with commercial marine shipping. Critical to Canada’s historical development, marine shipping continues to be vital to international trade and the development of communities. It is often the only means by which food and essential goods reach Canada’s island, remote, and northern communities. While it is evident that marine shipping is of critical importance to Canada, its value had never been comprehensively assessed. For this reason, Clear Seas Centre for Responsible Marine Shipping (Clear Seas) asked the Council of Canadian Academies (CCA) to undertake an expert panel assessment on the topic.
To address the charge, the CCA assembled a multidisciplinary, multi-sectoral panel of 10 experts with a range of expertise, experience, and demonstrated leadership in economics, anthropology, the marine shipping industry, and marine shipping-related public policy. The assessment was informed by both academic and grey literature, original data analysis and case studies, and a novel quantitative trade modelling exercise to help understand the role of marine shipping in the Canadian economy.
What is the social and economic value of commercial marine shipping to Canada and its regions? How will global trends related to shipping affect future shipping activity in Canada?
The Value of Commercial Marine Shipping to Canada is a comprehensive, high-quality, independent study that examines the broad impacts of marine shipping to Canada, addressing national, regional, and local issues. It is the first of its kind to examine value as including cultural, environmental, and security dimensions, in addition to economic measures. It is intended to contribute to a national dialogue and serve as a tool to help inform policy decisions related to marine shipping in Canada.