Who Benefits? A Summary of the Economic Impacts That Result From the Trans Mountain Expansion

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Title: Who Benefits? A Summary of the Economic Impacts That Result From the Trans Mountain Expansion

Author: Michael Burt

Publisher: Conference Board of Canada

Date: January 6, 2016

Full Text Article

Summary:

  • This report builds on previous work conducted by The Conference Board of Canada to estimate additional economic and fiscal benefits associated with the Trans Mountain Expansion Project.
  • Overall, these additional benefits would generate 678,000 person-years of employment and $18.5 billion in fiscal benefits over the first 20 years of the TMEP’s operations. This is equivalent to 33,900 jobs and $925 million per year over this period.
  • Alberta receives the largest share of these economic benefits, accounting for 55 per cent of the employment impacts and 41.5 per cent of the fiscal impacts. British Columbia accounts for 23.6 per cent of the employment impacts and 12.1 per cent of the fiscal benefits.

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