News

Okanagan College contributes to economy

Post-secondary education is bolstering the economy.

A recent economic impact study undertaken by Economic Modeling Specialists Intl. found that in 2012-13, Okanagan College and its students added $542 million to the regional economy.

It pegged the institution’s provincial impact at $915 million.

“The results of this study confirm that there is a significant return on the investment in post-secondary education for graduates, taxpayers and our regional economy,” said Jim Hamilton, OC president.

“The economic impact is important to acknowledge but so is the value education yields for students and the wellbeing of our communities.”

The study also found that Okanagan College students who are active in the regional workforce over the course of one year, collectively contributed $446 million in higher earnings and increased employer productivity.

 

 

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

LNG tax reflects softer gas market
 
Starlight Gala raises $529,000 for Richmond Hospital
 
Kokanee movie takes over Fernie
Fiscally responsible
 
Old BC Hydro dams could be removed
 
Stronger one kind act at a time
Dutch Valley residents demand flood protection
 
COTR board announces appointments
 
Burn Fund Centre breaks ground

Community Events, October 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Oct 19 edition online now. Browse the archives.