More upbeat indicators of economic impact of natural gas are released


A Conference Board of Canada report released this week throws around some pretty impressive numbers about the economic impact of natural gas production and related job creation, especially in British Columbia and Alberta. According to the report, The Role of Natural Gas in Powering Canada’s Economy, gas production is expected to add almost $1 trillion to the Canadian economy and support 260,000 annually for 24 years.

According to the Conference Board, the country’s demand for natural gas will double over the next 25 years. It stated that the natural gas industry is expected to spend $386 billion to maintain production, most of that in British Columbia, with $181 billion and Alberta with $154 billion.

For free access to the 53-page Conference Board report, check out this link 

http://www.conferenceboard.ca/e-library/abstract.aspx?did=5251

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