
Crane Associates calculated the economic benefits and return on investment from building a proposed whitewater park as part of the larger flood mitigation project, in the Bow River, downtown Calgary. The work included a national survey of river recreationists, a “wave carrying capacity” model to predict user volume; a regional river recreation demand model to determine total demand and capture rate of the proposed park; a custom-built Input-Output model to determine the direct, indirect and induced economic effects of local spending, and a final report with presention.
Hello Michael, Thank you for sharing the final report. I just wanted to say thank you again for your work on this project. I appreciated your professional approach, deep dive into the Alberta-specific context, your responsive communication, general advice, and especially the final work product you prepared. I am sure we will be in touch a little more as we finish up the project but I hope to connect again in the future.