Western Canada Natural Gas Forecasts and Impacts (2015-2035)
Published On: August 26, 2015
Study No. 149
The Western Canada Natural Gas market provides significant economic benefits in terms of GDP contributions and job creation to Canada. Natural gas is produced mainly in British Columbia, Alberta and Saskatchewan. This study shows that over the next 20 years, this market will be affected by Liquefied Natural Gas (LNG) exports from Canada and the United States, as well as domestic production in the US.
Natural gas development and production will contribute $2,277 billion in GDP over the next 20 years, and create 10,240 thousand person years of employment. The annual GDP contribution is approximately $114 billion. The number of jobs generated by this sector will rise from approximate 248,000 in 2015 to 649,000 in 2035