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ECONOMIC IMPACTS OF NATURAL GAS DEVELOPMENT WITHIN THE YUKON TERRITORY

Economic Impacts of Natural Gas Development Within the Yukon Territory

Study Released April 07, 2015

Study No 142

CERI completed a report on the Economic Impacts of Natural Gas Development within the Yukon Territory. This study has two aims: to describe the conventional natural gas resource in Yukon and to consider the potential of conventional natural gas production and infrastructure development in the territory. Unconventional resources are not considered in the report, nor is hydraulic fracturing. The report includes two development scenarios. Scenario 1 considers a domestic pipeline option. This pipeline would be constructed and operated over the 2017-2041 timeline. Under this scenario, there is an increase in GDP for Yukon of $875 million and for Canada of $10.5 billion. Scenario 2 offers a domestic and export pipeline option over the same period. This scenario includes gas service to a mine site and an LNG facility. Under this scenario, there is an increase in GDP for Yukon of $2.7 billion and for Canada of $32.8 billion.

Full Report Executive Summary