1 Trillion Will Be Added To Canadian Economy From Natural Gas Sector

18 Dec 2012

Canada’s natural gas sector which also includes shale gas used in resin production will add nearly $1 trillion to the Canadian economy and would generate an average of 260,000 jobs annually over the next 24 years.

“Clearly, the natural gas industry contributes to Canada’s economy and to the economy of each province. While the benefits are most concentrated where natural gas is produced, economic impacts are felt in manufacturing, construction and services industries in all provinces.”

Total natural gas production and investment in Canada creates and has nearly 130,000 jobs and generates over $24.5 billion in economic activity per year. Natural gas production will bring another $576 billion to Canada’s economy between 2012 and 2035, and would support 129,000 jobs per year.

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