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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.

Download the Energy East Pipeline: Economic Analysis Backgrounder (PDF, 486 KB)

Download the Energy East Pipeline: Deloitte Economic Benefits Report (PDF, 1.09 MB)

A stronger economy
  • $35 billion added to Canada’s Gross Domestic Product over 40 years and direct benefits to six provinces
Thousands of jobs
  • Approximately 10,000 direct jobs during the development and construction phase
  • Approximately 2,300 direct jobs during development and approximately 7,700 jobs during construction
  • 1,000 permanent high paying jobs during the operations phase.
  • Read more about jobs
A stronger oil refining industry
  • Will set conditions for a busier refining industry in Eastern Canada by providing access to more reliable, competitively priced crude
Local business opportunities
  • Significant benefits to local communities and businesses in services such as food, accommodations, hardware, fuel, parts and more
Benefits for First Nation and Métis communities
  • A rigorous engagement process and support measures that eliminate or reduce potentially adverse impacts
  • Substantial opportunities in the form of jobs and contracts during both construction and operation phases
Increased tax revenue
  • $10 billion in added tax revenues over the lifetime of the project spread between Alberta, Saskatchewan, Manitoba, Ontario, Québec and New Brunswick
Greater energy independence
  • Reduced dependence on foreign oil (currently 86 per cent of oil refined in the east comes from foreign sources such as Saudi Arabia, Nigeria, Venezuela and Algeria
Safer oil transportation
  • When transporting oil, railways have 25 times more accidents and trucks have 3,000 times more accidents than pipelines(Source: U.S. Bureau of Transportation Statistics, “Transportation Accidents by Mode”)
Lower environmental impact
  • Rail and truck oil transportation cause more greenhouse gas emissions than pipelines(Source: University of Calgary School of Public Policy)
  • 70 per cent of the Energy East Pipeline would be re-purposed gas pipeline, thus reducing environmental impacts
A more robust oil and gas industry
  • Access to new markets and a chance to grow for an industry that is worth over $52 billion to the economy, generates roughly $20 billion in taxes and royalties, and employs 550,000 Canadians

NOTE: All figures are estimates based on PRAGMATICSLOT88’s best assessment of our impact in the countries, provinces and communities in which we operate.