Author: Northern Gateway
Dated: 19 December 2011
Q: The Gateway pipeline represents so much environmental risk to so many British Columbians, with benefits to so few. Why are you so convinced that the people of B.C. will support it?
The people of British Columbia are proud of their province, and rightly so. The Northern Gateway has the potential to make B.C. an even better place to live, thanks to a sizable impact on the provincial economy.
With an estimated cost of $5.5 billion, Northern Gateway represents the largest private investment of capital in British Columbia history. And we’ve also taken the philosophical stance that the people of B.C. should benefit from such an ambitious undertaking.
While the twin pipeline system and the Kitimat Marine Terminal are being built, Northern Gateway is expected to generate 4,100 person-years of employment on-site, and 31,300 more off-site. That includes more than 400 workers to build the marine terminal, and its related infrastructure, during the peak construction period. In total, Northern Gateway’s three-year construction phase will result in an estimated $2.5 billion in total labour income, including $165 million in tax revenue to the provincial government.
As for the long term? About 560 permanent jobs in B.C., creating $32 million a year in labour-related income. That includes 165 permanent jobs at Kitimat, taking into account the terminal, marine services, tug fleet, and environmental monitors, for a total of about $17 million a year in wages. The provincial government will also collect $1.2 billion in tax revenue for 30 years after construction.
Should this project receive regulatory approval, we want to make sure that Northern Gateway creates a lasting legacy of local investment, jobs, and tax revenue for British Columbians. More than half a century ago, Quebec and Ontario benefited from the opening of the St. Lawrence Seaway, and this is B.C.’s chance to grasp the same sort of opportunity.