The economic and social impact study of Victoria charities is the first study of its kind. (Keili Bartlett/News staff)

Study shows registered charities gave Victoria $4-billion boost

Civil sector now on par with tech and tourism sectors in Captial Regional District

In one year, registered charities helped others give back — and give a $4-billion boost to the economy in Victoria.

On GivingTuesday this Nov. 27, the Victoria Foundation and the University of Victoria released the findings of the social and economic impact registered charities had in 2016 in the capital city.

“For individuals or organizations who are part of the sector, I think it’s time to celebrate, to really showcase they’re part of something really big and really special,” said Dr. Crystal Tremblay, one of the researchers who conducted the study.

The study is the first of its kind to look at both social and economic impacts with the United Nations’s 17 sustainable development goals such as well-being, quality education and gender equality. Of the more than 1,000 registered charities in CRD, 80 completed a survey about their social impact. The economic data was gathered from the Canada Revenue Agency.

“It gives the sector a lot of credibility in addition to the big economic impact. We all know the impact is so big in our region, but I think linking it to these global development goals is a way to really showcase that these organizations are having local action and positive change while also being globally informed. I think that’s something to be really proud of,” Tremblay said.

READ MORE: Victoria Hospice hopes to raise $100,000 with help of GivingTuesday

Sandra Richardson, the CEO of the Victoria Foundation, said the impact of registered charities is on par with the tech and tourism sectors in the region and indicates 63,000 full-time equivalent jobs and more than $300 million every year in municipal taxes. Multiplier effects could be as high as $7 billion to the economy, with 122,000 jobs and $584 million of municipal taxes.

“The civil society sector is not secondary,” Richardson said. “It is not a feel-good afterthought to business and government. It’s a vibrant, thriving, integral, economic driver that is essential to the prosperity and well-being of our community. But until now we haven’t had the hard data to really back that up.”

Tremblay, an assistant professor and special advisor on community engaged scholarship at the University of Victoria, conducted a similar study of UVic’s impact in 2015. That study inspired the one requested by the Victoria Foundation of 2016. Even so, she said she was surprised and excited about the results from the partners’ study.

“I think [Victoria] has very civically-minded communities here. People are big givers and volunteers. I think it really reflects the philanthropic nature of our communities and that people take care of each other,” Tremblay said.

READ MORE: Victoria Sexual Assault Centre launches $55,000 in 55 days campaign on GivingTuesday


@KeiliBartlett
keili.bartlett@blackpress.ca

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

PHOTOS: Hundreds celebrate Year of the Rat in Victoria’s Chinatown

Lion dancers and kung fu demonstrations on display

Camosun student shares story of overcoming struggles to inspire others

Provincial Tuition Waiver Program helps former youths in care attend post-secondary institutions

Officials reaching out to those in contact with Canada’s first coronavirus patient

The illness has sickened at least 1,975 people and killed 56 in China

Canada’s basketball community mourns Kobe Bryant after helicopter crash

Bryant was an 18-time NBA all-star who won five championships

‘Devastated’: Fans, celebrities remember Kobe Bryant after his death

Bryant played all of his 20-year career with the NBA with the Los Angeles Lakers

Investigation launched after six dead puppies dumped in Richmond hotel parking lot

RAPS reminds people they can always give up puppies they can’t take care of

Canadian Lunar New Year celebrations dampened by coronavirus worries

But Health Minister Patty Hajdu said today that the risk of infection is low

B.C. VIEWS: New coronavirus outbreak an important reminder

Walking the line between cautious and alarmist

Kobe Bryant, daughter killed in California helicopter crash

Bryant entered the NBA draft straight out of high school in 1996

Risk of coronavirus low in B.C. as first case emerges in Toronto: officials

There have been no confirmed cases of the virus in B.C.

Most Read