Caring for our environment. Creating economic opportunity.
Economic Opportunity
The construction and operation of Northern Gateway will deliver sustainable economic and social benefits to local communities in Alberta and British Columbia.
Should the project receive regulatory approval, it will create a lasting legacy of local investment, tax revenue and jobs for the North, over and above the tremendous benefits created by access to new and growing markets for Canadian natural resources.
At a time when the economy in northern BC is changing, many communities are looking for other sources of revenue and employment. Northern Gateway has the potential to support economic growth in the region and contribute to an energy sector that has generated $7.5 billion in net royalties to BC since 2003.
Benefits include:
Total local, provincial and federal government tax revenues during 30 years of operations will be approximately $2.6 billion; this includes about $36 million per year estimated to be paid by Northern Gateway as local property taxes
About 1,150 long-term job opportunities throughout the Canadian economy, including 104 permanent operating positions created with Northern Gateway and 113 positions with the associated marine services.
About 62,700 person-years of employment will be created throughout the Canadian economy during the construction phase of the project, with 3,000 direct on-site workers required during the peak period of construction
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