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Tags:
Jobs and Benefits
Author: Northern Gateway
Dated: 22 December 2011
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While it's true the pipeline route is between Alberta and British Columbia, many Canadians from coast to coast can expect to see economic benefits.
Why should the rest of Canada care about this Western Canadian issue?
We’re talking about a transformational injection of new economic opportunity for Canada, from coast to coast, for an entire generation. Northern Gateway’s impact, for Canadians, is an estimated $270 billion boost to Canada’s gross domestic product over a 30-year period.
Here are the results of more Northern Gateway number crunching from a national perspective—62,000 person-years of employment and $4.3 billion in labour income during the construction phase, 1,150 long-term jobs totaling $68 million a year in income, and $2.6 billion in total tax revenue for the three levels of government.
These are significant, lasting benefits to the Canadian economy.
Here’s a news report about a recent University of Calgary study on the subject you might find interesting.
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