Economy

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Let's talk about jobs and taxes

Only a handful of jobs for locals, and tax cuts from the Provincial and Federal governments has eliminated any benefit for Canadians. The promised billion dollar prosperity fund has disappeared.

  • During construction, only 4.3% of jobs will be for locals living in the Squamish/Whistler corridor (See Table 6.2-8 of the Labour Market section of Woodfibre LNG’s environmental assessment application). The rest of the jobs are actually going to folks in Metro Vancouver, other areas of BC or Canada, and overseas. Deals have already been signed with foreign workers and foreign companies. Most of the construction is happening overseas.

    Table 6.2-8 is difficult to understand, for while it looks like 4.3% of jobs for locals equals 77 full-time jobs, that number is the sum of jobs per year, over two years. So there are really only 38.5 jobs for Squamish locals each year during the two-year construction phase out of the 895 estimated jobs (page 6.2-24).

  • According to a report by CRED, the province’s biggest employers are:

    • Construction (205,000 jobs)
    • Manufacturing (164,000 jobs)
    • Tourism (127,000 jobs)
    • Real estate and property development (121,000 jobs)
    • High tech sector (84,000 jobs)
    • Film sector (36,000 jobs)

    In comparison, the mining, oil and gas sectors employ just 1% of BC’s workforce (25,000 jobs), BUT these sectors threaten jobs in several other sectors, particularly in tourism.

  • LNG plants need a lot of electricity, and they're not paying their fair share. Everyday British Columbians will be subsidizing the cost of Site C dam which is only being built for these industrial users, and our BC Hydro bills are set to increase 30-40% over the next three years.

    SOURCE: Interview with former BC Hydro CEO Marc Eliesen

  • That is $1.3 billion dollars of taxpayers money, given to some of the richest companies on the planet. Meanwhile funding is being cut for our schools and our hospitals. Something is not right here.

  • jobs_-_oil_and_gas_vs_clean_energy.jpgA 2012 report shows that if our government invested $1.3 billion in renewable energy, public transit, or energy efficiency, it would create 18,000 jobs. This is nearly eight times more jobs than the same amount of money can generate in the oil and gas industry.

  • A new study published in the scientific journal, Climatic Change, estimates the true social costs of air pollution that aren’t accounted for in the cost of fossil fuels and other pollutants. Social costs include the health impacts of air pollution as well as impacts from climate change. The study found that sulfur dioxide costs $42,000 per tonne, and nitrous oxides cost $67,000 per tonne.

    Woodfibre LNG is estimating air pollution emissions of 295.7 tonnes of nitrous oxides (NOx) and 43.8 tonnes of sulfur dioxide (SO2) every year (See Table 5.2-14 of the Air Quality Section of Woodfibre LNG’s environmental assessment application). Combined, that is a social cost of over $20 million every year.

    “This research shows that we need to transition away from fossil fuels not just to mitigate the risks associated with climate change, but to reduce the economic and health impacts of air pollution in general.”

    For more information, check out this easy-to-understand article in The Guardian about the study.

    SOURCE: Shindell 2015, The social costs of atmospheric release. Climatic Change.