Learn how IBAO is responding to COVID-19 — TAKE ME THERE
The Insurance Brokers Association of Canada (IBAC) worked with Deloitte to study the impact of their member brokers on the economy.

The study concluded that IBAC Member Brokerages contributed roughly $5.4B to Canada’s GDP in 2017. Other interesting national results include that 88% of brokerages are local independent businesses and 90% of brokerages donated to charities and social causes within their communities.

Looking at our members alone, IBAO Member Brokerages contributed roughly $2.1B to Canada’s output and $1.6B to Canada’s GDP in 2017. It was also estimated that about 16,900 full-time jobs were sustained by our member brokerages.

 

You can view the full report on IBAC’s website.