Georgian students and alumni add $1.7 B to regional economy

May 27, 2024

Georgian creates value in many ways and influences the lives of our students, alumni, employees and the regional economy.

According to a recent economic impact study by Lightcast, Georgian College campuses contribute $1.7 billion in income to the Georgian catchment area economy, approximately 5.3 per cent of the total gross regional product. This equates to 23,817 regional jobs, or one out of every 15 jobs in the catchment area. Student spending adds $48 million in income, while alumni impact accounts for $1.4 billion! This data represents fiscal year 2022-23.

Georgian students contribute to the local economy and community vibrancy while studying at the college and they generate a lasting impact as alumni – many choosing to make Central Ontario their home after graduation. They also deeply enrich the regions we serve as innovators and changemakers passionate about making a meaningful difference. These reports highlight their collective contributions and influence and reinforce the significant value that we deliver for employers, our partners, communities and the province.

— Kevin Weaver, President and CEO, Georgian College

Economic impact

For every $1 . . .

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Below you can learn more about how each Georgian College campus contributes to the Georgian catchment area economy.

This post was originally published in May 2021 and updated on May 27, 2024