On June 24, 2014, David Campbell of Jupia Consulting released a report titled “Our Path to a Stronger New Brunswick: Potential New Brunswick Energy Infrastructure and Natural Resource Investments.” Commissioned by the Province of New Brunswick, the report looks at the potential economic impact of five prospective large-scale projects:
- The Energy East Pipeline
- Canaport Energy East Marine Terminal
- Shale Gas Exploration and Production
- Converting the Canaport LNG Terminal to an Export Terminal
- Sisson Brook Mine
Campbell projects $8.6 billion in total investment in these projects. This would mean a $1.43 billion average annual infusion into the New Brunswick economy or about a 3% annual increase to the province’s nominal GDP. Perhaps most notably, he forecasts 5,200+ FTE jobs added to the labour market annually.
The full report came be found online at http://www.strongernb.ca/.