Socio-economic Impact Assessment

Project Name

Chateau Lake Louise Meeting Facility Proposal: Economic Impact Assessment

Client
Chateau Lake Louise, CP Hotels
Project Type
SIA-SEIA
Timeframe
1994

In late 1994, Canadian Pacific Resorts Ltd. made public a number of proposals for expansion of their facilities in the National Parks. Praxis undertook the economic analysis of the initial evaluation of these projects under the Canadian Environmental Assessment Agency, including a proposed meeting facility at the Chateau Lake Louise.

Impacts considered included the direct, indirect, and induced effects associated with construction and operation, and effects from increased tourist spending. For the province, these impacts were estimated using the provincial input-output tourism model. At the local level, Praxis considered the effects within the context of severe restrictions on local expansion and substantial overcapacity at certain times of the year.