Employment Estimates for Fracking Shale Gas in Quebec

A new study by the Canadian Energy Research Institute in Calgary provides an overview of shale gas locations and geology across Canada, describes the fracking process, and focuses on the current state of the Utica Shale Gas field in Quebec, using economic analysis to estimate GDP, employment, tax and royalty revenue. The report estimates Canadian employment gains in direct, indirect and induced job to range from 293,000 in the base case and 880,000 person-years in the maximum production case. Approximately 69% of jobs are estimated to occur in Québec, 23% in Alberta, and the remaining 8% across Canada. The Quebec government has put a moratorium on shale gas development to allow for public consultation about oil and gas regulations; the government is currently awaiting the completion of a Strategic Environmental Assessment, expected in late 2013.

LINK   Potential Economic Impacts of Developing Quebec’s Shale Gas, (March 2013) is available at the Canadian Energy Research Institute website at:http://www.ceri.ca/images/stories/2013-03-08_CERI_Study_132_-_Quebec_Shale.pdf  

 

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