Capital spending on major projects in Atlantic Canada is expected to increase by 23% to $13.2 billion, which is above pre-pandemic levels, according to the Atlantic Investment Outlook, released this morning, by the Atlantic Provinces Economic Council.
This report summarizes the key findings of APEC’s 2022 Major Projects Inventory (MPI). The MPI identifies 478 capital projects in various stages of development throughout Atlantic Canada, with a total value of nearly $152 billion.