2023 Economic and social impact report
According to a new study by economist Larry Smith, Conestoga College is “indispensable to the prosperity of the local community by helping both younger and older workers adapt to the changes and challenges of the economic environment.”
The report, Conestoga: Adapting for Prosperity III, provides an update of studies released first in 2003 and again in 2010 and 2016. It examines the impact of the institution on the local community and its economy, and evaluates recent growth in terms of meeting the region’s increasing need for a highly skilled labour force.
Highlights
The annual employment income of local Conestoga graduates is at least
There are now 166,673 Conestoga graduates living in Ontario.
They add more than $6.2 billion annually to the province’s economy.
The employment rate of Conestoga’s international graduates is almost exactly the same as Conestoga’s domestic graduates.
matched the scale of Conestoga’s contribution.