Title | Macro-economic benefits of an expanded oil sands industry |
Publication Type | Report |
Year of Publication | 1995 |
Corporate Authors | Limited, I. |
Pagination | 36 pages |
Publisher | Alberta Chamber of Resources |
Place Published | Edmonton, AB |
Publication Language | eng |
Keywords | economics, model, modeling |
Abstract | Probable impact of benefits of expanded oil sands development on employment and government revenues were analyzed. Investment in proposed oil sands facilities was forecast to create about 1 million person-years of direct and indirect employment. Forty percent of employment gains would be created in Alberta, with remaining positions mostly in Ontario and Quebec. Government taxes, royalties, reduced debts interest costs and revenues to municipalities, hospitals and pension plans would increase by $97 billion (1994 dollars) between 1995 and 2025. Additional benefits would include increases in average Canadian disposable incomes, substitution of imported with domestic oil, and expansion of gross domestic product in Alberta by 5%. Some variation may be expected because of accuracy of assumptions that were made in the analysis, but the character of the results were not expected to change |
Notes | Prepared for the National Task Force on Oil Sands Strategies of the Alberta Chamber of Resources. Appendix E: Informetrica Study. Alberta Chamber of Resources. Edmonton, Alberta. 36 pp. plus appendices. |
Locational Keywords | Alberta oil sands |
Active Link | |
Group | OSEMB |
Citation Key | 52814 |