"This study showed a Mackenzie Valley pipeline would have substantial overall benefits across many parts of Canada," says Jeff Rush, vice-president, Mackenzie Valley initiative. "The pipeline would advance development of the natural gas industry in the NWT, which in turn would have an impact throughout the country."

Wright Mansell Research Ltd. completed the study this month. The study looked at the impact the pipeline would have on Gross Domestic Product (GDP), labour income, government revenues and employment opportunities across Canada. To draw its conclusions, the study evaluated the impacts from 2002 to 2033 and used estimates of $US 3 and $US 4/million cubic feet at Chicago as the price of natural gas.

A few of the findings from the study include:

The GDP could rise from $40.2 billion to $57.1 billion, depending on the price of natural gas, as a result of the pipeline being built. Government revenues could rise between $12.1 billion and $23.4 billion. An additional 157,000 person-years of employment could be generated from the pipeline.

"TransCanada co-sponsored this study to show our support for advancing the Mackenzie Valley pipeline," says Jeff. "We believe the pipeline will be good for Canada, and the numbers reinforce this."

Take a look at the report's executive summary.

For further information on the Mackenzie Valley, please contact Jeff Rush at (403) 920-5819.