This report assesses the potential economic impact, in terms of GDP growth and job creation, of investment in electricity infrastructure in Canada between 2011 and 2030.
Shedding Light on the Economic Impact of Investing in Electricity Infrastructure
Shedding Light on the Economic Impact of Investing in Electricity Infrastructure
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Investment in electricity infrastructure in Canada from 2011 to 2030 will total an estimated $347.5 billion, in current dollars.
The direct, indirect, and induced impacts of that investment will add an average of $10.9 billion per year to real GDP and create an average of 156,000 jobs per year.
In other words, for every $100 million (inflation adjusted) invested in electricity generation, transmission, and distribution infrastructure, real GDP will be boosted by $85.6 million and 1,200 jobs will be created.
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