- • Heritage Pays
- • Introduction
- • Canadian Case Studies
- • Case Study 1
- • Case Study 2
- • Case Study 3
- • Heritage Tourism
- • Heritage Conservation Saves Energy
- • Heritage Workforce
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Some 74% of individually designated properties equalled or bettered the average property value trend in their communities.
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Heritage Pays - The Economics of Conservation
Historic places and heritage buildings are fundamental
to our sense of Canadian history, community and identity.
The Heritage Canada Foundation’s poll in 2000 found
that:
- • 91% of Canadians believed that heritage conservation is
important.
- • more than six in ten believe that built heritage is important
to them.
Case Study 1 | Case Study 2 | Case Study 3
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Conserving Heritage Property Can Be a Sound Economic Investment!
A comprehensive study of the economic impact of rehabilitating
and restoring heritage buildings was conducted by the
Center for Urban Policy Research at Rutgers University
in New Jersey. It compared the investment of $1 million
in rehabilitation versus new construction. |
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Non-residential historic rehabilitation |
New construction |
Generated 38.5 jobs |
Generated 36.1 jobs |
$1,302,000 in income |
$1,223,000 in income |
$1,711,000 in gross domestic product |
$1,600,000 in gross domestic product |
$202,000 in taxes |
$189,000 in taxes |
BE AN ADVOCATE FOR HERITAGE CONSERVATION! |
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