Stocks in play: Maritime Launch Services Inc.

Noted that The Conference Board of Canada (CBOC) expects significant and lasting economic benefits for Nova Scotians and all Canadians as a direct result of investment and innovation in the global space sector. Specifically, the CBOC’s recently released Economic Impact Study of Maritime Launch Services’ Spaceport Nova Scotia initiative expects North America’s first commercial spaceport will benefit multiple sectors across Canada including: construction, transportation, tourism, and professional, scientific, and technical services. Spaceport Nova Scotia is currently under construction near Canso, Nova Scotia. “The report’s findings state that the construction phase of Spaceport Nova Scotia alone will generate a total economic benefit impact for the Nova Scotia economy of $143 million,” said Stephen Matier President and CEO, Maritime Launch Services, adding, “For Canada, the construction phase of Spaceport Nova Scotia will contribute $171 million to the federal GDP, while boosting federal employment with over of 1,600 year-round jobs, including nearly 750 of which would be in Nova Scotia.” Maritime Launch Services Inc. shares O.MAXQF are trading unchanged at $0.19.