Conservation Pays: 156% Return on Investments
Every year, Heritage BC publishes the Heritage Conservation Fact Sheet, which examines economic contributions on historic place promotion and rehabilitation in BC.
In 2017, the reported initial investments for heritage conservation produced an estimated 156% return on the initial investments! This return generates over $2.2M going toward GDP and taxes and another $1.2M going toward direct and indirect spending. All three levels of governments are the beneficiaries.
So, if anyone ever asks you if heritage conservation pays, the answer is a resounding YES!