As such, the NADC is interested in the overall structure and health of the regional economy, as well as the region’s economic contribution to the rest of Alberta and Canada. [...] Specifically, the production of Panelboard dropped by 45% in the NADC and 33% in the province; pulp and paper production was virtually unchanged in the NADC but declined by almost 50% in the rest of the province; and sawmill throughput was down roughly 9% in the NADC and 19% in the rest of the province (GoA 2009). [...] Of the three extractive industries, the oil sands is the largest contributor to employment, investment, and GDP in the NADC region due primarily to the fact that roughly 30% of conventional oil and gas production occurs in the region as compared to 100% of oil sands production. [...] Agriculture and Forestry Although the employment levels, output, and investment of the agriculture and forestry sectors are relatively small when compared to the oil sands, the NADC region is home to a significant portion of the agriculture and forestry operators in the province. [...] Applied Management Alberta and Canadian Economies Development Council 21 FINAL REPORT JUNE 2012 3. Contributions of the NADC Region to the Alberta and Canadian Economy The economic activity within the NADC region results in a number of benefits flowing out of the region to the Alberta and Canadian economy.
- Pages
- 49
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- Canada