- 1 - $9 billion and 55,000 jobs: The impact of oil and gas (and Alberta) on BC’s economy More than $6 billion impact from oil and gas on key Analysis Two: The value of Alberta’s BC industries purchases from BC To examine the impact of the oil and gas sector on BC’s Given that the largest p. [...] Canada’s oil and gas sector has a significant impact on In 2018 alone, the economic benefits included $9 billion in BC’s export sectors, both direct and indirect, as does nominal GDP, $17.8 billion in outputs in the BC economy, the purchase of goods and services by Alberta’s citizens, over 55,000 jobs, and over $2.9 billion in wages and businesses, and governments in the province where the salarie. [...] Definitions The oil and gas sector is defined as the sum of oil and gas extraction and oil and gas investment. [...] This subsector includes the production of oil, the mining and extraction of oil from oil shale and oil sands, and the production of gas and hydrocarbon liquids through gasification. [...] We use the American Petroleum Institute definition of the oil and natural gas sector to quantify the goods and services purchased by the sector and the wages paid by the sector.
- Pages
- 5
- Published in
- Canada
