Huron Library Board Receives Social Capital Presentation

As reported in BlackburnNews.com: The Project Manager for the Rural Ontario Institute brought a message about Social Capital to members of the Huron County Library Board yesterday. Mark Cassidy explained most of us have our own social networks, as do most of the people we know. So social capital is bringing all of those networks Read More…

Ottawa Public Library Delivers $5.17 in Benefits for every $1 Invested

Ottawa Public Library’s recently released economic impact study concludes: … the library generated $256 million in total benefits in Ottawa in 2015, a remarkable 417% return on investment. This return is comparable to other libraries in Ontario who have completed similar studies. When compared to the number of residents ($266), active library card holders ($1,038), Read More…

Kawartha Lakes Demonstrates the Value of Local Libraries

The Kawartha Lakes Public Library recently announced the results of their economic impact study. Based on 2014 data, and using the methodology developed for the Toronto Public Library by the Martin Prosperity Institute at the University of Toronto, the study demonstrates that for every dollar invested in the library, Kawartha Lakes residents received $7.05 in Read More…

London Public Library generates yearly economic impact of $102 million

London Public Library’s economic impact study, conducted in 2015, reveals that the library has a measurable economic impact of more than $102 million and a return on investment of 452%. The results of this economic study clearly show that London Public Library, is an excellent investment for its citizens and the City of London. London Public Read More…

Sault Ste. Marie Public Library generates more than $6 million in economic benefits

From the Executive Summary: “[t]his research demonstrates some key economic values for the Sault Ste. Marie Public Library. The value was calculated using previous research conducted by the Martin Prosperity Institute (2013) and based on formulae derived from similar research in Australia, the UK and Canada. In brief, using industry standard economic formulae, this research shows that the Sault Read More…

So Much More: The Economic Impact of Toronto Public Library on the City of Toronto (2013)

This study was conducted by the Martin Prosperity Institute at the University of Toronto in December 2013, and was funded by the Toronto Public Library Foundation. Snippet: For every dollar invested in Toronto Public Library (TPL), Torontonians receive $5.63. This benefit results from the market value of services delivered, or direct tangible benefits and the Read More…