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1

Create an investment filter as a tool to help assess tourism impacts of proposed investments

Discover Halifax will provide an assessment of impacts for all major tourism-related projects proposed within the Halifax Regional Municipality.

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Current Stage

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    Benefits Realized
    At this stage, the project has been completed, either partially or fully, and the benefits are being captured.

Next Stage

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    Adoption and consistent use of the investment filter by municipal, provincial, and federal funding agencies.

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    Public access to the tool for use by tourism project proponents to undertake self-assessments and develop their narrative.

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    First-term priority

Background

Prior to the completion of the Integrated Tourism Master Plan (ITMP), projects were being related to Halifax’s tourism sector without a consistent assessment of the benefits to the visitor economy. Through the development of the ITMP, an Investment Filter has been created as a tool to assist in assessing the strategic impacts of tourism projects. The tool can be used by both proponents and potential investors. Upon the completion of recommendation 25 to evolve Discover Halifax into a Destination Management Organization, the organization will have the capacity to leverage the Investment Filter tool further through its expanded expertise and provide an analysis on the economic impact, and strategic alignment of new and proposed initiatives.

Related - see initiative 25.

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