keep this alive….
As an economist, I am troubled by continued attempts by Enbridge to misrepresent the facts of this project, even as these facts pertain to their own analysis. In an opinion piece in The Vancouver Sun last week, Enbridge executive Janet Holder claimed, “The Northern Gateway pipeline represents a $6.5-billion investment in our economy. It will create 3,000 jobs during construction and 560 permanent British Columbia jobs.”
This is just not true.
Enbridge’s analysis assumes Alberta will export the same volume of crude oil whether or not Northern Gateway proceeds. So whether the project is built through B.C., or elsewhere in Canada, Enbridge believes billions in capital investment will be made no matter what the outcome of the board’s decision. Therefore, there will be no economic loss to Canada’s economy if the National Energy Board rejects the project. Enbridge’s basic assumption renders their impact analysis as nothing more…
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