Newmarket Public Library creates over $20 million in total economic impact for the Town of Newmarket

In December 2016, Newmarket Public Library (NPL) adopted the methodology developed by the Martin Prosperity Institute for the Toronto Public Library to conduct their own economic impact study. The study indicates that NPL creates over $20 million in total economic impact, equating to $231 per resident or $717 per household. In addition, for every $1 invested in Newmarket Public Library, residents receive $7.85 in benefits, and the value of a Newmarket Public Library membership is $870/year.

Access: Newmarket Public Library’s report to the Newmarket Public Library Board