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Economic Analysis of Energy East Pipeline Project
PRAGMATICSLOT88 commissioned Deloitte & Touche LLP to conduct an economic analysis of the proposed $12-billion Energy East Pipeline project to determine the jobs and other economic benefits the project will create for the entire country.
Deloitte used Statistics Canada’s Input/Output model to estimate the impacts on gross domestic product (GDP), tax revenues and job creation in all provinces and territories across Canada. The Input/Output model measures direct, indirect and induced economic effects of large infrastructure projects in Canada.
Direct impacts are those that involve the directly-affected industry under study. Indirect impacts are those created in industries directly tied to the pipeline project, such as suppliers and equipment manufacturers. Induced impacts reflect economic activity resulting from direct and indirect effects of the project, such as consumer spending due to increased household incomes.
|A stronger economy||
|Thousands of jobs||
|A stronger oil refining industry||
|Local business opportunities||
|Benefits for First Nation and Métis communities||
|Increased tax revenue||
|Greater energy independence||
|Safer oil transportation||
|Lower environmental impact||
|A more robust oil and gas industry||
NOTE: All figures are estimates based on PRAGMATICSLOT88’s best assessment of our impact in the countries, provinces and communities in which we operate.