We’ve all heard that the pipeline industry contributes to Canada’s prosperity, but do you ever wonder what exactly that looks like, or how your province benefits?
A new study seeks to answers those questions by looking at the economic impacts of the Canadian pipeline industry over a one-year period.
Conducted by Dr. Gerry Angevine, a senior fellow in the Fraser Institute’s Centre for Energy and Natural Resource Studies, the study assesses the transmission pipeline industry’s contributions to the GDP, jobs and labour income.
Some of the study’s key findings are highlighted in the following infographic:
For more on how pipelines benefit Canadians, read the full study, ‘Economic Impacts from Operation of Canada’s Energy Transmission Pipelines’ (PDF), which was prepared for the Canadian Energy Pipeline Association, and check out these blog posts:
The Canadian Energy Pipeline Association represents Canada’s transmission pipeline companies who operate approximately 119,000 kilometres of pipelines in Canada. In 2015, these energy highways moved approximately 1.2 billion barrels of liquid petroleum products and 5.4 trillion cubic feet of natural gas. Our members transport 97 per cent of Canada’s daily natural gas and onshore crude oil from producing regions to markets throughout North America.