Skip Navigation
A
A
en

Economic Impact Study

Our partners expect results from AUTO21, and with more than 315 patents, licences and commercialization agreements, we clearly deliver. But we’re delivering even more than just technology. A recent study of select AUTO21 projects finds that the research projects have provided an estimated 12 to 1 return on investment for partners, and have generated more than $1.1 billion in estimated economic and social benefits, including:

  • $1.124 billion in total economic and social benefits, of which:
    • $700 million from prevention of life loss, personal injury and property damages;
    • $125 million associated with employment and the formation of household income;
    • $100 million in industrial process improvements;
    • $75 million in fuel savings
  • 2,200 jobs created or retained annually in Canada, including 600 R&D personnel and 1,600 indirect jobs.
  • 1,600 highly qualified people trained during the first ten years of the program.

The Centre for Automotive Research (CAR), an internationally recognized automotive think-tank, was retained to independently assess the impacts of AUTO21’s nine years of project funding.
The report examines 62 research projects contained within AUTO21’s research portfolio. Based on the results, it is clear that the program’s research efforts have achieved numerous benefits to Canada, the automotive sector, and its financial supporters, the Government of Canada and numerous private and public-sector organizations.
 
Click here to download the AUTO21 Economic Impact Study

- Addendum to AUTO21 Economic Impact Study
- Economic Impact Study Results Brochure