Linked Header

Tuesday, September 10, 2013

TransCanada Offers More Details On Pipeline Jobs

Trans Canada announcing the economic benefits that will stem from the Energy East Pipeline based on a report by Deloitte and Touche. 

Deloitte used 40 years as a example for the life of pipeline but expects it will be around a lot longer than that.

The gross domestic product is forecast to be 10 billion dollars in the construction and development phase.  Russ Girling is the President and CEO of TransCanada and he says that's going to mean a significant number of jobs--over 10,000 in the construction phase.

In the operating phase, the pipeline, when completed, will create 1000 jobs and when you add in spinoff positions it increases to 4000 jobs.